04. background to supply
06. costs of production
Chapter 8. The Meaning of Costs Opportunity costsOpportunity costs Measuring a firm’s opportunity costsMeasuring a firm’s opportunity costs –factors not.
Chapter 5 The Firm Chapter 5 The Firm SHORT-RUN THEORY OF PRODUCTION Profits and the aims of the firm Profit maximisation Manager/Shareholder separation.
SHORT-RUN THEORY OF PRODUCTION
Chapter 8
