PRODUCTION COSTS, PRICES AND INCOME OF FIRMS

被引:0
作者
Villalobos Cespedes, Daniel [1 ,2 ]
机构
[1] UCR, Riverside, CA 92521 USA
[2] Univ Nacl Costa Rica UNA, Heredia, Costa Rica
来源
REVISTA ECONOMIA Y SOCIEDAD | 2015年 / 20卷 / 48期
关键词
resources; rate of profit; normal and extraordinary profits; market price;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
The present theoretical research analyzes microeconomic theory in regards to cost of production, prices, and firm's revenue. We use simple mathematical tools to develop relationships of implied variables in the propounded model. The object of this is to explain microeconomic themes approximately to experiences of firms that produce a single good or service. It concludes that marginal cost and marginal revenue are not the most important factors in defining a firm's equilibrium, 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 of theory cost and competition.
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页数:17
相关论文
共 15 条
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