slide source: Law of production

Article Source: Theory of Production

Slide: 16792Theory_of_Production

 

Theory-of-Production-and-Cost-Analysis

 

 

MARGINAL PRODUCTIVITY THEORY

 

Marginal Productivity Theory of Distribution

16793Theory_of_Cost

 

• Theory of Cost
• Theory of Cost Slide
•  Short-run AC is curve U-shaped
• Production Functions