7.5 Types of cost, revenue and profit, short-run and long-run production

7.5.1—Short-run production function

7.5.2—Short-run cost function

7.5.3—Long-run production function

7.5.4—Long-run cost function

7.5.5—Economies of scale and average cost

7.5.6—Economies of scale

7.5.7—Diseconomies of scale

7.5.8—Revenue

7.5.9—Types of profit

7.5.10—Profit calculations

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7.5 Types of cost, revenue and profit, short-run and long-run production