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50 Years of ERIC
50 Years of ERIC
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Peer reviewed Peer reviewed
ERIC Number: EJ649732
Record Type: CIJE
Publication Date: 2000
Pages: N/A
Abstractor: N/A
Reference Count: 0
ISBN: N/A
ISSN: ISSN-0022-0485
Ten Cheaper Spades: Production Theory and Cost Curves in the Short Run.
Miller, Richard A.
Journal of Economic Education, v31 n2 p119-30 Spr 2000
States that short-run production theory and U-shaped cost curves do not conform to industrial reality. Explores in detail the reality of manufacturing stating that fixed proportions seem more suited to describing short-run manufacturing processes. Addresses fixed proportions in short-run production and short-run cost functions. Includes references. (CMK)
Descriptors: Capital, Costs, Economics, Higher Education, Labor, Manufacturing Industry, Microeconomics, Research, Textbooks, Theories
Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers: N/A