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Creado por Saravanan Sonia
hace casi 11 años
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Profit Maximisation
Horizontal merger
Vertical merger
Conglomerate merger
Total revenue (TR)
Average Revenue (AR)
Marginal Revenue (MR)
short run
long run
fixed cost of production
variable cost of production
average fixed cost (AFC)
Total Fixed Cost (TFC)
Total Variable Cost (TVC)
Average Variable Cost (AVC)
Total Costs of Production (TC)
Average Cost of Production (AC)
Marginal Cost (MC)
Law of diminishing returns
Law of returns to scale
increasing returns to the scale
constant returns to the scale
decreasing returns to the scale
Economies of Scale (EOS)
Internal economies of Scale
external economies of scale
Diseconomies of Scale (DisEOS)
internal diseconomies of scale
external diseconomies of scale
Technical Economy of Scale
Non-technical Economy of Scale
Implicit Cost
implicit costs