Collapse Sidebar

Students / Subjects


Experimenters
Email:

Password:


Forgot password?

Register

Cataloged Resource Summary

 

Title

Marginal Cost and the Output Rate Under Competition

Author

Samuel L. Baker

Category

Production and Firm Behavior

Subject

Producer

Type

Interactive Tutorial

Description

This tutorial shows how, in theory, a business firm in a competitive industry can use the marginal cost concept developed in the previous tutorial to decide how much to produce and sell.

URL

http://hadm.sph.sc.edu/COURSES/ECON/MCost/MCost.html
Copyright 2006 Experimental Economics Center. All rights reserved. Send us feedback