Micro A2 - Costs Flashcards
1
Q
Costs Formula for:
Total Cost
Total Variable Cost
Average (total) Cost
Average Fixed Cost
Average Variable Cost
Marginal Cost
A
2
Q
What is Law of diminishing marginal productivity
A
3
Q
How to show Average Fixed Cost
A
4
Q
How to show Average Variable Cost
A
5
Q
How to show Total Cost
A