ECONOMICS MICRO ECONOMIC THEORY III

Harvard University

Here are the best resources to pass ECONOMICS MICRO ECONOMIC THEORY III. Find ECONOMICS MICRO ECONOMIC THEORY III study guides, notes, assignments, and much more.

All 1 results

Sort by:

THEORY OF THE FIRM I : MICRO-ECONOMICS THEORY III

Class notes

THEORY OF THE FIRM I : MICRO-ECONOMICS THEORY III
-

-

-

13

August 2021

2021/2022
A firm is a decision making unit/entity which through process of production converts inputs into outputs. The producer is assumed to be motivated by the objective of maximizing profits where: Profit= Gross revenue-Expenditure   TR TC TR  PQ Where P is the output price and Q is the output Other objectives of the firm include:  Revenue maximization  Cost minimization  Market share maximization It is assumed that the objective of a firm is to maximize profits but s...
Ben002
$12.99 More Info

ECONOMICS MICRO ECONOMIC THEORY III

Harvard University

THEORY OF THE FIRM I : MICRO-ECONOMICS THEORY III