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Card 26

Front

Diseconomies of scale

Back

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Card 27

Front

Why do diseconomies of scale occur?

Back

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Card 28

Front

What is Minimum efficiency scale (MES)

Back

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Card 29

Front

MES calcualtion- IF MES for cars is 10,000 and demand is 40,000- optimum number of firms is?

Back

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Card 30

Front

Total Revenue (TR)

Back

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Card 31

Front

Average Revenue (AR)

Back

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Card 32

Front

Marginal Revenue (MR)

Back

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Card 33

Front

Profit=

Back

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Card 34

Front

Opportunity Cost

Back

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Card 35

Front

Economic Cost

Back

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