Total Revenue
Cost, Revenue and Profit
Cost Cost refers to the amount of money paid out by the firm in obtaining resources required to carryout production. Revenue Revenue refers to the money received by the firm for its …
Topic 08: Size of Firms
Economies of Scale
Economies of Scale Economies of scale refers to the fall in long run average cost of the firm due to expansion of its scale of production. This is concerned with monetary or economic be…
Topic 06: Cost and Revenue
.jpg)
Topic 08: Size of Firms
Economies of Scale
Economies of Scale Economies of scale refers to the fall in long run average cost of the firm due to expansion of its scale of production. This is concerned with monetary or economic benef…
.jpg)
Total Revenue
Cost, Revenue and Profit
Cost Cost refers to the amount of money paid out by the firm in obtaining resources required to carryout production. Revenue Revenue refers to the money received by the firm for its goo…
Join Us