Production cost, prices and income of firms
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| Autore: | |
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| Natura: | artículo |
| Data di pubblicazione: | 2015 |
| Descrizione: | The present theoretical research analyzesmicroeconomic theory in regards to costof production, prices,and firm’s revenue.We use simple mathematical tools to develop relationships of implied variablesin the propounded model. The object of this is to explain microeconomic themes approximately to experiences of firmsthatproduceasinglegood or service.It concludesthat marginal cost and marginal revenueare not the most important factors indefining a firm’sequilibrium,but they are derived from the average cost and average revenue respectively. When consumer demand intensity and average profit rate are taken into consideration, the average cost and average revenue become fundamental concepts oftheory cost and competition. |
| Stato: | Repositorio UNA |
| Istituzione: | Universidad Nacional de Costa Rica |
| Repositorio: | Repositorio UNA |
| Lingua: | Inglés |
| OAI Identifier: | oai:null:11056/19435 |
| Accesso online: | https://www.revistas.una.ac.cr/index.php/economia/article/view/7115 https://orcid.org/0000-0002-9023-2096 http://hdl.handle.net/11056/19435 https://doi.org/10.15359/eys.20-48.1 |
| Keyword: | COSTOS DE PRODUCCIÓN PRODUCTION COSTS EMPRESAS BUSINESS INGRESO ENTRY |