Integrating Production and Cost Theories: a simple graphical device

Authors

  • Marcelo Resende

Abstract

Abstract: The author suggests a simple graphical device for integrating production and cost theories in undergraduate Microeconomics courses. Specifically, one considers a four-quadrants graph where the total variable cost function can be obtained from the production function and a price-taking assumption regarding the labor market.

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Published

2008-12-14

How to Cite

RESENDE, M. Integrating Production and Cost Theories: a simple graphical device. Revista Economia Ensaios, Uberlândia, Minas Gerais, Brasil, v. 17, n. 1, 2008. Disponível em: https://seer.ufu.br/index.php/revistaeconomiaensaios/article/view/1268. Acesso em: 6 oct. 2024.

Issue

Vol. 17 No. 1 (2002): Vol 16, n. 2 e Vol 17, n. 1

Section

Comentários e Notas

License

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