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Intro to Microeconomics - Principles of Microeconomics

The first of 17 topics from my Intro to Microeconomics course at Kent State. The textbook used for the readings can be found here https://openstaxcollege.org/textbooks/principles-of-microeconomics for free.

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Concept of cost and revenue

Classification of revenue, relation among total, marginal and average revenue. Explicit cost and its types(fixed and variable, etc) and implicit cost.

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