14.01 | Fall 2023 | Undergraduate

Principles of Microeconomics

Lec 6: Costs

In this lecture, Prof. Gruber continues to talk about producer theory and where the supply curve comes from. Topics include short-run cost curves, short-run vs. long-run, long-run costs, and measuring costs. Keywords: producer, production, supply curve, short run, long run, costs

Course Info

Departments
As Taught In
Fall 2023
Learning Resource Types
Lecture Notes
Lecture Videos
Problem Sets with Solutions
Exams with Solutions
Instructor Insights