Handouts
Midterm 2 material
The Firm, Production and Costs:
2.1a. Handout 1:
Theory of the Firm
2.1b. Handout 2:
Product Curves
2.1c. Handout 3:
the Hiring Decision
2.1d. Handout 4:
Cost Curves
Perfect Competition:
2.2a. Handout 1:
Profit Maximization and the Perfectly Competitive Firm I
2.2b. Handout 2:
Profit Maximization and the Perfectly Competitive Firm II
2.2c. Handout 3:
Long Run Product and Costs