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Costs

Svend Rasmussen ()
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Svend Rasmussen: University of Copenhagen

Chapter 5 in Production Economics, 2013, pp 45-57 from Springer

Abstract: Abstract Costs are the monetary value of input used over a period of time. A company’s costs can be derived from the production function.

Keywords: Opportunity Cost Principle; Fixed Input Factor; Expansion Path; Variable Cost Curve; Original Purchase Price (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-642-30200-8_5

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DOI: 10.1007/978-3-642-30200-8_5

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