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Description

Overview:
This topic covers the analysis of a firm’s costs in the short and long run.  It explains the important difference between accounting and economic costs (and how that affects the definition of accounting and economic profits).  It also makes the distinction between fixed and variable costs.
Subject:
Economics
Level:
Community College / Lower Division, College / Upper Division
Material Type:
Module
Provider:
Ohio Open Ed Collaborative
Date Added:
05/03/2019
License:
Creative Commons Attribution Non-Commercial Creative Commons Attribution Non-Commercial
Language:
English
Media Format:
Text/HTML

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