The Theory of the Firm

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Across
  1. 3. Higher Cost as output expands
  2. 6. Do not vary with output
  3. 9. total Revenues - Epxlicit Cost
  4. 10. costs of resources already owned
  5. 11. Explicit + Implicit Costs
Down
  1. 1. Total revenue - (Explicit + Implicit costs)
  2. 2. Total Revenue < Total Cost
  3. 4. increase in cost from producing one more
  4. 5. Size
  5. 7. Product
  6. 8. Out of pocket