Across
- 3. cost, Any production cost that changes as output changes
- 5. product, The total output of the firm per period
- 6. run, A period during which at least one of a fmir’s resources is fixed
Down
- 1. revenue, The change in total revenue from selling another unit of the good
- 2. cost, Any production cost that is independent of the firm’s output
- 4. run, A period during which all of a firm’s resources can be varied
- 5. cost, The sum of fixed cost and variable cost