Title |
Marginal Cost and the Output Rate Under Competition
|
Author |
Samuel L. Baker |
|
Category
|
Production and Firm Behavior
|
Subject |
Producer |
Type |
Interactive Tutorial |
Description |
This tutorial shows how, in theory, a business firm in a competitive industry can use the marginal cost concept developed in the previous tutorial to decide how much to produce and sell. |
URL |
http://hadm.sph.sc.edu/COURSES/ECON/MCost/MCost.html |
