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Theory of Firms - Mind Map
Mind Maps have been produced to introduce topics and give students an overview of key topics being studied. The maps can be viewed as a whole page or, for those who prefer a more linear approach, as a text version.
View larger version of the mind map.
Theory of Firms
- Costs
- Total Cost
- Average Cost
- Marginal Cost
- Objectives
- Profit Maximisation
- Profit Satisficing
- Long-term survival
- Efficiency
- Satisfying Stakeholders
- Ethical
- Output
- Total Product
- Average Product
- Marginal Product
- Revenues
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