Ch18
Ch20
1 Cost Minimization Molly W. Dahl Georgetown University Econ 101 – Spring 2009.
Tecnología y Estructura de Costos
Chapter 20 Cost Minimization. 2 Cost Minimization A firm is a cost-minimizer if it produces any given output level y 0 at smallest possible total cost.
Chapter Twenty
Chapter Eighteen
Tecnología y Estructura de Costos. Technologies u A technology is a process by which inputs are converted to an output. u E.g. labor, a computer, a projector,