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Cataloged Resource Summary

 

Title

Average Cost

Author

Samuel L. Baker

Category

Production and Firm Behavior

Subject

Production costs

Type

Interactive Tutorial

Description

This tutorial discusses average cost, gives some typical uses of the average cost concept, and shows the distinction between average cost and marginal cost.

URL

http://hadm.sph.sc.edu/COURSES/ECON/ACost/ACost.html
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