曼昆微观经济学cha建pter13.pptVIP

13 The Costs of Production Learning Objectives Examine what items are included in a firm’s costs of production Analyze the link between a firm’s production process and its total costs Learn the meaning of average total cost and marginal cost and how they are related Consider the shape of a typical firm’s cost curves Examine the relationship between short-run and long-run costs The Market Forces of Supply and Demand Supply and demand are the two words that economists use most often. Supply and demand are the forces that make market economies work. Modern microeconomics is about supply, demand,