Topics For Unit 3
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Economic Profit vs Accounting Profit
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Depreciation and Opportunity Cost of Capital
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Explicit and Implicit Costs
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Marginal Cost and Average Total Cost
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Marginal Revenue and Marginal Cost
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Marginal Revenue Below Average Total Cost
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Long Term Supply Curve and Economic Profit
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Costs in the Short Run
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Costs in the Long Run
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Fixed, Variable, and Marginal Cost |
Visualizing Average Costs and Marginal Costs as Slope
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Just a little deeper!
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Marginal Product Revenue Curve
Price Discrimination
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MPR Curve - How Many People to Hire
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Adding Demand Curves
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