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Costs

In: Principles of Microeconomics

Author

Listed:
  • Martin Kolmar

    (University of St. Gallen)

Abstract

This chapter covers … the importance of cost functions and their role in managerial decision making. the relationship between a firm’s production technology and its cost function. different types of costs and their relevance.

Suggested Citation

  • Martin Kolmar, 2017. "Costs," Springer Texts in Business and Economics, in: Principles of Microeconomics, chapter 8, pages 183-197, Springer.
    • Handle: RePEc:spr:sptchp:978-3-319-57589-6_8
    DOI: 10.1007/978-3-319-57589-6_8
    as

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