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micro 1.4 production, costs and revenue > 4.7 Proft > Flashcards

4.7 Proft Flashcards

You may prefer our related Brainscape-certified flashcards:

WSET ® Level 4 D2 Business of Wine flashcards

micro 1.4 production, costs and revenue (8 decks)

4.1 Production and productivity

4.2 Specialisation, division of labour and exchange

4.3 The law of diminishing returns and returns to scale

4.4 Costs of production

4.5 Economies and diseconomies of scale

4.6 Marginal, average and total revenue

4.8 Technological change

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