SlideShare une entreprise Scribd logo
1  sur  9
Costs
[object Object],[object Object],[object Object],[object Object]
The long-run ,[object Object],[object Object]
The Short Run (is a period when at least one input is fixed)  ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Factors Determining the Variability of Short-Run Costs ,[object Object],[object Object],[object Object],[object Object]

Contenu connexe

Tendances

Cost Output Relationship; Estimation of Cost and Output
Cost Output Relationship; Estimation of Cost and OutputCost Output Relationship; Estimation of Cost and Output
Cost Output Relationship; Estimation of Cost and OutputDheeraj Rajput
 
BREAK-EVEN ANALYSIS
BREAK-EVEN ANALYSISBREAK-EVEN ANALYSIS
BREAK-EVEN ANALYSISAsrar Mohd
 
Unit iii cost and revenue
Unit iii cost and revenueUnit iii cost and revenue
Unit iii cost and revenue4512452
 
Production And Cost In The Short Run
Production And Cost In The Short RunProduction And Cost In The Short Run
Production And Cost In The Short Runmandalina landy
 
Different types of costs PPT ON COST ACCOUNTANCY MBA
Different types of costs PPT ON COST ACCOUNTANCY MBADifferent types of costs PPT ON COST ACCOUNTANCY MBA
Different types of costs PPT ON COST ACCOUNTANCY MBABabasab Patil
 
Cost and revenue
Cost and revenueCost and revenue
Cost and revenueKevin A
 
Short Run Costs of Production
Short Run Costs of ProductionShort Run Costs of Production
Short Run Costs of Productiontutor2u
 
Long run Managerial Economics
Long run Managerial EconomicsLong run Managerial Economics
Long run Managerial EconomicsNethan P
 
Long run average cost & Short run cost
Long run average cost & Short run costLong run average cost & Short run cost
Long run average cost & Short run costRinshi Singh
 
Cost and Cost Concepts
Cost and Cost ConceptsCost and Cost Concepts
Cost and Cost ConceptsPaurav Shah
 
Presentation on Cost and Revenue
Presentation on Cost and RevenuePresentation on Cost and Revenue
Presentation on Cost and RevenueSyed Zamin Ali Shah
 

Tendances (17)

Theory of cost
Theory of costTheory of cost
Theory of cost
 
Cost Output Relationship; Estimation of Cost and Output
Cost Output Relationship; Estimation of Cost and OutputCost Output Relationship; Estimation of Cost and Output
Cost Output Relationship; Estimation of Cost and Output
 
BREAK-EVEN ANALYSIS
BREAK-EVEN ANALYSISBREAK-EVEN ANALYSIS
BREAK-EVEN ANALYSIS
 
Theory of cost
Theory of costTheory of cost
Theory of cost
 
Cost
CostCost
Cost
 
3 cost curves
3 cost curves3 cost curves
3 cost curves
 
Unit iii cost and revenue
Unit iii cost and revenueUnit iii cost and revenue
Unit iii cost and revenue
 
Production And Cost In The Short Run
Production And Cost In The Short RunProduction And Cost In The Short Run
Production And Cost In The Short Run
 
Cost computation
Cost computationCost computation
Cost computation
 
Cost & Revenue
Cost & RevenueCost & Revenue
Cost & Revenue
 
Different types of costs PPT ON COST ACCOUNTANCY MBA
Different types of costs PPT ON COST ACCOUNTANCY MBADifferent types of costs PPT ON COST ACCOUNTANCY MBA
Different types of costs PPT ON COST ACCOUNTANCY MBA
 
Cost and revenue
Cost and revenueCost and revenue
Cost and revenue
 
Short Run Costs of Production
Short Run Costs of ProductionShort Run Costs of Production
Short Run Costs of Production
 
Long run Managerial Economics
Long run Managerial EconomicsLong run Managerial Economics
Long run Managerial Economics
 
Long run average cost & Short run cost
Long run average cost & Short run costLong run average cost & Short run cost
Long run average cost & Short run cost
 
Cost and Cost Concepts
Cost and Cost ConceptsCost and Cost Concepts
Cost and Cost Concepts
 
Presentation on Cost and Revenue
Presentation on Cost and RevenuePresentation on Cost and Revenue
Presentation on Cost and Revenue
 

En vedette

4. Fixed and Variable Costs in Distance Education
4. Fixed and Variable Costs in Distance Education4. Fixed and Variable Costs in Distance Education
4. Fixed and Variable Costs in Distance EducationAlaa Sadik
 
Sponsored Projects Grant Accounting - Direct & Indirect Cost
Sponsored Projects Grant Accounting - Direct & Indirect CostSponsored Projects Grant Accounting - Direct & Indirect Cost
Sponsored Projects Grant Accounting - Direct & Indirect CostHopkinsCFAR
 
Opportunity Cost
Opportunity CostOpportunity Cost
Opportunity CostKati W
 
Project+aim+sample+budget+11 0215
Project+aim+sample+budget+11 0215Project+aim+sample+budget+11 0215
Project+aim+sample+budget+11 0215Arun Mishra
 
London Stock Exchange AIM Listing
London Stock Exchange AIM ListingLondon Stock Exchange AIM Listing
London Stock Exchange AIM ListingDickson Consulting
 
Grant Submissions
Grant SubmissionsGrant Submissions
Grant SubmissionsHopkinsCFAR
 
The Budget is a PI's Good Friend
The Budget is a PI's Good FriendThe Budget is a PI's Good Friend
The Budget is a PI's Good FriendHopkinsCFAR
 
Budget Seminar - Office of Research Administration
Budget Seminar - Office of Research AdministrationBudget Seminar - Office of Research Administration
Budget Seminar - Office of Research AdministrationHopkinsCFAR
 
London Stock Exchange
London Stock ExchangeLondon Stock Exchange
London Stock Exchangelokorus
 

En vedette (19)

4. Fixed and Variable Costs in Distance Education
4. Fixed and Variable Costs in Distance Education4. Fixed and Variable Costs in Distance Education
4. Fixed and Variable Costs in Distance Education
 
Opportunity cost
Opportunity cost  Opportunity cost
Opportunity cost
 
Classification of cost
Classification of costClassification of cost
Classification of cost
 
Overhead
OverheadOverhead
Overhead
 
Sponsored Projects Grant Accounting - Direct & Indirect Cost
Sponsored Projects Grant Accounting - Direct & Indirect CostSponsored Projects Grant Accounting - Direct & Indirect Cost
Sponsored Projects Grant Accounting - Direct & Indirect Cost
 
Opportunity Cost
Opportunity CostOpportunity Cost
Opportunity Cost
 
sip (1)
sip (1)sip (1)
sip (1)
 
Presentation 19
Presentation 19 Presentation 19
Presentation 19
 
Project+aim+sample+budget+11 0215
Project+aim+sample+budget+11 0215Project+aim+sample+budget+11 0215
Project+aim+sample+budget+11 0215
 
London Stock Exchange AIM Listing
London Stock Exchange AIM ListingLondon Stock Exchange AIM Listing
London Stock Exchange AIM Listing
 
Grant Submissions
Grant SubmissionsGrant Submissions
Grant Submissions
 
The Budget is a PI's Good Friend
The Budget is a PI's Good FriendThe Budget is a PI's Good Friend
The Budget is a PI's Good Friend
 
Budget Seminar - Office of Research Administration
Budget Seminar - Office of Research AdministrationBudget Seminar - Office of Research Administration
Budget Seminar - Office of Research Administration
 
London Stock Exchange
London Stock ExchangeLondon Stock Exchange
London Stock Exchange
 
Standard cost
Standard costStandard cost
Standard cost
 
London Stock Exchange
London Stock ExchangeLondon Stock Exchange
London Stock Exchange
 
Revenue
RevenueRevenue
Revenue
 
London Stock Exchange
London Stock ExchangeLondon Stock Exchange
London Stock Exchange
 
Standard costing
Standard costingStandard costing
Standard costing
 

Similaire à Cost Functions Explained: Short Run vs Long Run

Similaire à Cost Functions Explained: Short Run vs Long Run (20)

Transport cost issues
Transport cost issuesTransport cost issues
Transport cost issues
 
Cost analysis
Cost analysisCost analysis
Cost analysis
 
Cost concepts
Cost conceptsCost concepts
Cost concepts
 
Cost output relationship
Cost output relationshipCost output relationship
Cost output relationship
 
Cost market & competitive analysis
Cost market & competitive analysisCost market & competitive analysis
Cost market & competitive analysis
 
Me 6
Me 6Me 6
Me 6
 
Cost analysis
Cost analysis Cost analysis
Cost analysis
 
Cost oncept
Cost onceptCost oncept
Cost oncept
 
Cost in production
Cost in productionCost in production
Cost in production
 
Cost of Production (10-1-22)-student notes (2).pdf
Cost of Production (10-1-22)-student notes (2).pdfCost of Production (10-1-22)-student notes (2).pdf
Cost of Production (10-1-22)-student notes (2).pdf
 
Relation between production and cost
Relation between production and costRelation between production and cost
Relation between production and cost
 
Lecture2
Lecture2Lecture2
Lecture2
 
Lecture2
Lecture2Lecture2
Lecture2
 
Lecture2
Lecture2Lecture2
Lecture2
 
Lecture2
Lecture2Lecture2
Lecture2
 
Lecture2
Lecture2Lecture2
Lecture2
 
Lecture2
Lecture2Lecture2
Lecture2
 
Lecture2
Lecture2Lecture2
Lecture2
 
Marginal cost & cost sheet ppt 1
Marginal cost & cost sheet ppt  1Marginal cost & cost sheet ppt  1
Marginal cost & cost sheet ppt 1
 
Theory of Production
Theory of ProductionTheory of Production
Theory of Production
 

Dernier

call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
House of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHouse of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHenry Tapper
 
原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证
原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证
原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证rjrjkk
 
Classical Theory of Macroeconomics by Adam Smith
Classical Theory of Macroeconomics by Adam SmithClassical Theory of Macroeconomics by Adam Smith
Classical Theory of Macroeconomics by Adam SmithAdamYassin2
 
Quantitative Analysis of Retail Sector Companies
Quantitative Analysis of Retail Sector CompaniesQuantitative Analysis of Retail Sector Companies
Quantitative Analysis of Retail Sector Companiesprashantbhati354
 
SBP-Market-Operations and market managment
SBP-Market-Operations and market managmentSBP-Market-Operations and market managment
SBP-Market-Operations and market managmentfactical
 
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...Amil baba
 
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》rnrncn29
 
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...amilabibi1
 
Economics, Commerce and Trade Management: An International Journal (ECTIJ)
Economics, Commerce and Trade Management: An International Journal (ECTIJ)Economics, Commerce and Trade Management: An International Journal (ECTIJ)
Economics, Commerce and Trade Management: An International Journal (ECTIJ)ECTIJ
 
Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...
Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...
Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...First NO1 World Amil baba in Faisalabad
 
Stock Market Brief Deck for "this does not happen often".pdf
Stock Market Brief Deck for "this does not happen often".pdfStock Market Brief Deck for "this does not happen often".pdf
Stock Market Brief Deck for "this does not happen often".pdfMichael Silva
 
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfBPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfHenry Tapper
 
NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...
NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...
NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...Amil baba
 
(办理学位证)加拿大萨省大学毕业证成绩单原版一比一
(办理学位证)加拿大萨省大学毕业证成绩单原版一比一(办理学位证)加拿大萨省大学毕业证成绩单原版一比一
(办理学位证)加拿大萨省大学毕业证成绩单原版一比一S SDS
 
The Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasThe Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasCherylouCamus
 
Managing Finances in a Small Business (yes).pdf
Managing Finances  in a Small Business (yes).pdfManaging Finances  in a Small Business (yes).pdf
Managing Finances in a Small Business (yes).pdfmar yame
 
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdfmagnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdfHenry Tapper
 

Dernier (20)

call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
 
House of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHouse of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview document
 
原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证
原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证
原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证
 
Classical Theory of Macroeconomics by Adam Smith
Classical Theory of Macroeconomics by Adam SmithClassical Theory of Macroeconomics by Adam Smith
Classical Theory of Macroeconomics by Adam Smith
 
Quantitative Analysis of Retail Sector Companies
Quantitative Analysis of Retail Sector CompaniesQuantitative Analysis of Retail Sector Companies
Quantitative Analysis of Retail Sector Companies
 
SBP-Market-Operations and market managment
SBP-Market-Operations and market managmentSBP-Market-Operations and market managment
SBP-Market-Operations and market managment
 
Q1 2024 Newsletter | Financial Synergies Wealth Advisors
Q1 2024 Newsletter | Financial Synergies Wealth AdvisorsQ1 2024 Newsletter | Financial Synergies Wealth Advisors
Q1 2024 Newsletter | Financial Synergies Wealth Advisors
 
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
 
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
 
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
 
Monthly Economic Monitoring of Ukraine No 231, April 2024
Monthly Economic Monitoring of Ukraine No 231, April 2024Monthly Economic Monitoring of Ukraine No 231, April 2024
Monthly Economic Monitoring of Ukraine No 231, April 2024
 
Economics, Commerce and Trade Management: An International Journal (ECTIJ)
Economics, Commerce and Trade Management: An International Journal (ECTIJ)Economics, Commerce and Trade Management: An International Journal (ECTIJ)
Economics, Commerce and Trade Management: An International Journal (ECTIJ)
 
Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...
Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...
Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...
 
Stock Market Brief Deck for "this does not happen often".pdf
Stock Market Brief Deck for "this does not happen often".pdfStock Market Brief Deck for "this does not happen often".pdf
Stock Market Brief Deck for "this does not happen often".pdf
 
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfBPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
 
NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...
NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...
NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...
 
(办理学位证)加拿大萨省大学毕业证成绩单原版一比一
(办理学位证)加拿大萨省大学毕业证成绩单原版一比一(办理学位证)加拿大萨省大学毕业证成绩单原版一比一
(办理学位证)加拿大萨省大学毕业证成绩单原版一比一
 
The Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasThe Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng Pilipinas
 
Managing Finances in a Small Business (yes).pdf
Managing Finances  in a Small Business (yes).pdfManaging Finances  in a Small Business (yes).pdf
Managing Finances in a Small Business (yes).pdf
 
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdfmagnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
 

Cost Functions Explained: Short Run vs Long Run

  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.