Microeconomics · 免费预览

短期与长期成本

每一种厂房规模都有其自身的U形短期成本曲线,而长期曲线是所有这些曲线的包络线,即一家能够重建全部生产要素的企业所面对的成本前沿。

1. Two meanings of time

Two meanings of time

2. The envelope

The envelope

3. Choosing a plant is choosing a curve

Choosing a plant is choosing a curve

4. Why flexibility is not free

Why flexibility is not free

5. The envelope construction

Each plant size generates a U-shaped short-run average total cost curve. How is the long-run average total cost curve constructed from them?

6. Stuck in the short run

A firm built a large factory expecting demand of 500 units a day, but demand settled at 150. Which statement describes its situation?

7. The cost gap

A firm's current short-run average total cost at its output of 150 units is 9 dollars per unit, while the long-run envelope at 150 units sits at 6 dollars per unit. Compute the gap between them in dollars per unit and write the number.

8. The envelope explained

Each plant size yields a U-shaped short-run average total cost curve. How is the long-run average total cost curve built from them?

9. The oversized factory

A firm built a huge factory for expected demand of 500 units a day, but demand settled at 150. What does cost theory predict?

10. The cost of being stuck

A firm's short-run average total cost at its output of 200 units is 12 dollars per unit, while the best plant would achieve 8 dollars per unit. Compute the total daily savings from re-sizing in dollars, and write the number.

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