Cost and Revenue Analysis

 What is Revenue ?      Revenue means the amount of income received from the sale of its product in […]

 Short Run Cost Curve:  Marginal Cost Curve    Marginal Cost : ·        Marginal cost is the addition to total cost

   Short Run Cost Curves:      Average Cost Curve:        The Short Run Average Cost (SRAC)  is refer

     Short Run Cost Curves     Total Cost Curves :        Total cost refers to total expenditure incurred

  Basic Concepts of Cost of Production:  Money Cost / Accounting Cost / Explicit Cost:    Money cost  refers to money