Reflection: Take out a piece of paper and do this 1.Does your grade reflect your learning? Why or why not? 2.What is working? What can Mr. Mothorn do to.
Microeconomics Unit 2 Production, cost, profit and perfect competition.
Lecture 3 Production and Costs. Outline Production Theory: Basics Production Theory: Basics Cost Theory: Basics Cost Theory: Basics Economies and Diseconomies.
Micro Review Day 1: Product Markets Theory of Choice Total Utility & Marginal Utility Market Behaviors MR=MC.
Unit III: Costs of Production and Perfect Competition.
