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Old Sunday, August 25, 2013
peaceful loin peaceful loin is offline
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Default Producer's Equilibrium & Firm

For Firm Structure the related topics are:

1. Perfect Competition
2. Imperfect Competition

a) Monopoly
b) Oligopoly
c) Duopoly
d) Monopolistic Competition

And for the Producer's Equilibrium, the general rule is:

MC=MR
However, following topic is worth reading;

1. Iso-Quant / Iso-product / Equal-Product (all same thing) (Note: it is opposite of indifference curve in consumption theory)
2. Iso-cost line
3. Marginal Productivity Theories.

goodluck.
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