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How to find optimal production level & minimize costs?

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  • How to find optimal production level & minimize costs?


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Answer #1 | 24/12 2013 16:05
Maybe these papers will be of some use: http://home.uchicago.edu/~vlima/courses/econ201/pricetext/CostMin.pdf http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&ved=0CD4QFjAC&url=http%3A%2F%2Fwww.econ.unavarra.es%2F~mcasares%2Fch07psetsol.doc&ei=cCC6Urb5H8vxoASVpoCABw&usg=AFQjCNHBF3uuABhx1uM9YET3TUIxUYlFQg&sig2=QjsGhQebxqTf3GjEKSIrEw&bvm=bv.58187178,d.cGU http://en.wikipedia.org/wiki/Isocost

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