#44 Four Consumer Surplus | Compensating Variation | Equivalent Variation | UPSC Economics Optional

Описание: #44 Four Consumer Surplus | Compensating Variation | Equivalent Variation | UPSC Economics Optional

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CBSE Board
11th Class microeconomics
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12th Indian economics

ECONOMICES AND Diseconomices OF SCALE


• Economies of scale
RETURN TO SCALE


• Return to scale| ...

long run average cost curve shows the minimum per unit cost of producing each level of output when the capacity of firm can be varied. the LAC curve is derived from the SAC curve. LAC curve is a curve tangent to all the SAC.