1. 1. Week 16 Theory of Firm BY: CAELAN HO
2. 2. Production in the Short Run
3. 3. TPP
4. 4. Wheat production per year form a particular farm
5. 5. Continued
6. 6. Law of diminishing (marginal) returns
7. 7. Wheat production per year from a particular farm
8. 8. MPP
9. 9. Wheat production per year from a particular farm
10. 10. Continued
11. 11. APP
12. 12. Wheat production per year from a particular farm
13. 13. Continued
14. 14. Wheat production per year from a particular farm
15. 15. Continued
16. 16. Wheat production per year from a particular farm
17. 17. The End