The Maxwell School
Syracuse University
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Materials from Class - 2021-9
Wed 12/1
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Cost minimization
Factors of production
Production functions
Isoquants
Isocosts
Factor demands
Total, average, and marginal cost
Constant returns to scale (CRTS)
Decreasing and increasing returns to scale
Class Materials
Notes part 1: tips on the memo
Notes part 2: cost minimization
Notes part 3: cost functions
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Peter J Wilcoxen, The Maxwell School, Syracuse University
Revised 12/30/2021
