Cost Curve and Competitive Supply

Takashi Hayashi ()
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Takashi Hayashi: University of Glasgow

Chapter Chapter 15 in Microeconomic Theory for the Social Sciences, 2021, pp 201-206 from Springer

Abstract: Abstract In the last chapter we derived the short-run cost function as a consequence of short-run cost minimization. Here VC(y) denotes the variable cost and FC denotes the fixed cost.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-3541-0_15

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DOI: 10.1007/978-981-16-3541-0_15

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