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Card 6

Front

Average Product (AP)

Back

Preview of the front of card 6

Card 7

Front

Marginal Product (MP)

Back

Preview of the front of card 7

Card 8

Front

Law of Diminshing Returns

Back

Preview of the front of card 8

Card 9

Front

Returns to Scale

Back

Preview of the front of card 9

Card 10

Front

Economies of Scale

Back

Preview of the front of card 10

Card 11

Front

Economic Costs

Back

Preview of the front of card 11

Card 12

Front

Fixed Costs (Overheads)

Back

Preview of the front of card 12

Card 13

Front

Variable Costs (Direct Costs)

Back

Preview of the front of card 13

Card 14

Front

Semi-Variable Costs

Back

Preview of the front of card 14

Card 15

Front

Total Cost (TC)

Back

Preview of the front of card 15
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