Cost Theory EA Session 7 July 13, 2007 Prof. Samar K. Datta.
Cost Analysis
1 Ch 6 COST The theory of cost is important to a manager because it provides the foundation for two important production decisions: 1) whether or not to.
Chapter 7 The Cost of Production. Chapter 7Slide 2 Topics to be Discussed Measuring Cost: Which Costs Matter? Cost in the Short Run Cost in the Long Run.
Chapter 10--Costs of the Firm Chapter Outline Costs In The Short Run Allocating Production Between Two Processes The Relationship Among MP, AP, MC, And.
Costs, Isocost and Isoquant. Outline Costs In The Short Run Allocating Production Between Two Processes The Relationship Among MP, AP, MC, And AVC Costs.
Chapter 7Slide 1 Measuring Cost: Which Costs Matter? Accounting Cost: Actual expenses plus depreciation charges for capital equipment Economic Cost: Cost.
Slide 1Copyright © 2004 McGraw-Hill Ryerson Limited Chapter 12 Monopoly.
Session 2
Chapter 10 McGraw-Hill/IrwinCopyright © 2010 The McGraw-Hill Companies, Inc. All rights reserved.
Economics of Information Technology
Chapter 8. COSTS McGraw-Hill/IrwinCopyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 8.
