Unit 3: Decision Making by Consumer and Producers
- Page ID
- 108286
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- 8: Production and cost
- 8.1: Efficient production
- 8.2: The time frame
- 8.3: Production in the short run
- 8.4: Costs in the short run
- 8.5: Fixed costs and sunk costs
- 8.6: Long-run production and costs
- 8.7: Technological change- globalization and localization
- 8.8: Clusters, learning by doing, scope economics
- 8.9: Conclusion
- 8.10: Key Terms
- 8.11: Exercises for Chapter 8