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Card 6

Front

How do you calculate total costs?

Back

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Card 7

Front

How do you calculate average fixed costs?

Back

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Card 8

Front

What is a fixed cost?

Back

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Card 9

Front

What is a variable cost?

Back

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Card 10

Front

What is a marginal cost?

Back

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Card 11

Front

How do you calculate average costs?

Back

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Card 12

Front

What is the definition of short run?

Back

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Card 13

Front

What is the short run production/cost theory?

Back

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Card 14

Front

What is the definition of long run?

Back

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Card 15

Front

What is the long run production/cost theory?

Back

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