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Introduction to the Theory of the Firm
Microeconomics: Theory of the Firm
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Justin Eloriaga
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This video introduces the theory of the firm and the production function Created by: Justin S. Eloriaga
Course content
0 of 18 completed
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2h 44m left
Introduction to the Theory of the Firm
13:32
2
Short Run Production Function
8:14
3
Linking Marginal Product and Average Product
8:57
4
Isoquants
7:38
5
Marginal Rate of Technical Substitution
6:44
6
Returns to Scale
12:49
7
Elasticity of Substitution in Production
7:11
8
Long Run Production Example
13:11
9
Introduction to Costs in Economics
9:09
10
Cost Minimization Process
10:54
11
Cost Minimization Process
14:45
12
Cost Minimization Example
6:04
13
Introduction to Cost Functions
3:25
14
Graphical Analysis of Cost Curves
11:26
15
Cost Functions under Variable Returns
5:18
16
Short Run Costs
7:22
17
Linking Long Run and Short Run Costs
8:39
18
Long Run and Short Run Cost Example
8:13