C.1 Fixed and variable costs | Cost - Microeconomics

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Policonomics

Policonomics

8 жыл бұрын

Learn more: www.policonomics.com/typology-...
This video explains how different types of costs affect the production process. We start by explaining the main characteristics of fixed and variable costs, and how these form total cost. Finally, we explain its relationship with returns to scale.
Related videos:
-Returns to scale: • B.1 Production functio...
-Production function: • B.12 Returns to scale ...
Related articles:
-Average and marginal cost: www.policonomics.com/average-a...
-Cost analysis: www.policonomics.com/cost-anal...
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Пікірлер: 3
@tusharjoshi8856
@tusharjoshi8856 4 жыл бұрын
thank you for making it easy and simple
@sunilvlogsgrowth
@sunilvlogsgrowth 6 жыл бұрын
not bd
@kardelenduyan2704
@kardelenduyan2704 3 жыл бұрын
0.45 It should be fixed cost, not six cost. (Subtitled)
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