Costs

Martin Kolmar ()
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Martin Kolmar: University of St. Gallen

Chapter 8 in Principles of Microeconomics, 2017, pp 183-197 from Springer

Abstract: Abstract This chapter covers … the importance of cost functions and their role in managerial decision making. the relationship between a firm’s production technology and its cost function. different types of costs and their relevance.

Keywords: Next-best Alternative; Market Price Times; Apple Watch; Tutoring Business; Brewed Coffee (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-319-57589-6_8

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DOI: 10.1007/978-3-319-57589-6_8

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