Its the level of production where marginal cost is equal to marginal revenue.
the law diminishinf mean fixed cost and variable cost
SAC is an abbreviation for short-run average cost.
On the margin means looking at the next unit of something. For example, when considering business decisions, you might consider the marginal cost of an additional unit of production, or the marginal revenue. (Rather than the average revenue, for instance.)
ncreasing marginal returns mean that marginal product is greater for each subsequent unit of a variable input than it was for the previous unit. Decreasing marginal returns, as such, mean that marginal product is less for each subsequent unit of a variable input than it was for the previous unit.
In economics and finance, marginal cost is the change in total cost that arises when the quantity produced changes by one unit
Its the level of production where marginal cost is equal to marginal revenue.
Net exports.
the law diminishinf mean fixed cost and variable cost
you can tie mean girls to economics by calling attention of social construction of traditional economics hence produce things like family economics.
SAC is an abbreviation for short-run average cost.
Only if it cost you nothing in the first place. Profit is selling price less cost.
what do you mean by marginal lands?
What do you mean by Marginal probailities under statistical dependence
On the margin means looking at the next unit of something. For example, when considering business decisions, you might consider the marginal cost of an additional unit of production, or the marginal revenue. (Rather than the average revenue, for instance.)
On the margin means looking at the next unit of something. For example, when considering business decisions, you might consider the marginal cost of an additional unit of production, or the marginal revenue. (Rather than the average revenue, for instance.)
ncreasing marginal returns mean that marginal product is greater for each subsequent unit of a variable input than it was for the previous unit. Decreasing marginal returns, as such, mean that marginal product is less for each subsequent unit of a variable input than it was for the previous unit.