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1/Economic proft (rom account problem)

2/Relationship between present value and interest rate (negative)

3/How to maimi!e proft (basic regulation)

"/#alue cost$ fed cost (all t%pe o cost$ short run)

&/'he uantit% should produce to maimi!e beneft

/di*erentiate account proft and economic proft

+/'he relationship between price and income

,/ -ndi*erence curve

./ udget line

10/arginal rate o substitution

11/ tilit%$ the relationship between ris and reward (di*erent ris tolerance)

12/ Euilibrium consumer bottle/bundle

13/4ost unction (fnd marginal cost)

1"/5roduction unction (fnd out average product o labor$ 4obb production unction)

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1&/6efnition o cost (fed cost$ variable cost$ long run short run cost)

1/anager should use input level up to the point where7

1+/-souant

1,/8ingle graph with all cost curve (eplain wh% it cut)

1./Reer to idea o econom% o scale$ econom% o scope

20/4ost in the long run

21/5rovided marginal cost$ demand unction (fnd out proft in euilibrium)

22/6efnition o shortage and surplus

23/9ame theor%: solution in repeative game

2"/5rovided marginal cost$ demand unction (fnd out monopol% price)

2&/5rice ceiling (provided suppl% curve$ demand curve ;< fnd out economic price

under price ceiling)

2/-n perect competitive maret (given cost ; cost

unction:

a/6etermine the level o output to maimi!e proft

b/Ahich price should charge to maimi!e proft

c/Ahat will happened in longBrun

2/compare the elasticit% o di*erent t%pe o maret structure (" t%pes o maret

structure)