ECSENOMICS Appendix 7 Production, Cost Theory. and Decisions of the firm McGraw-Hilllrwin CopyrightC 2001 The McGraw-Hill Companies, Inc. All rights reserved
McGraw-Hill/Irwin Copyright © 2001 The McGraw-Hill Companies, Inc. All rights reserved. Appendix 7 Production, Cost Theory, and Decisions of the Firm
ECSENOMICS Equal-Product Curve 1-57 Figure 7A-I A 6 B 2 q=346 q L 0 123456789 La bor McGraw-Hilllrwin CopyrightC 2001 The McGraw-Hill Companies, Inc. All rights reserved
McGraw-Hill/Irwin Copyright © 2001 The McGraw-Hill Companies, Inc. All rights reserved. T-57 Figure 7A-1 Equal-Product Curve
ECSENOMICS Equal-Cost Lines 1-58 Figure 7A-2 A 5 3 L 1234 6789 abor McGraw-Hilllrwin CopyrightC 2001 The McGraw-Hill Companies, Inc. All rights reserved
McGraw-Hill/Irwin Copyright © 2001 The McGraw-Hill Companies, Inc. All rights reserved. Equal-Cost Lines T-58 Figure 7A-2
ECSENOMICS Least-Cost Input Combination Comes at C 1-59 Figure 7A-3 Substituting Inputs to Min im ize Cost of Production A B q=346 25s L 56789 L aboI McGraw-Hilllrwin CopyrightC 2001 The McGraw-Hill Companies, Inc. All rights reserved
McGraw-Hill/Irwin Copyright © 2001 The McGraw-Hill Companies, Inc. All rights reserved. Least-Cost Input Combination Comes at C T-59 Figure 7A-3
