Cost Curves

FOUNDATION FOR ECONOMIC EDUCATION

Prepare for the Economics Olympiad Competition

Cost curves graph a firm’s production costs—such as average and marginal costs—across different output levels, illustrating how costs change in the short run and guiding profit-maximizing decisions.

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Course curriculum

1. Short-Run & Long-Run Production Costs
2. Total Cost Curve
3. Average Fixed Costs Curve
4. Average Variable Cost Curve
5. Average Total Cost Curve
6. Marginal Cost Curve
7. Marginal and Average Total Cost Relationship
8. Average Total Cost, Average Variable Cost, and Average Fixed Cost
9. Long-Run Average Total Cost Curve
10. Cost Curves Quiz
11. There Ain’t No Such Thing as a Cost-Plus Lunch

Additional Production and Costs Modules

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Economics Olympiad Prep Modules

Use these modules to prepare for success in the Economics Olympiad competition.

FOUNDATION FOR ECONOMIC EDUCATION

Prepare for the Economics Olympiad Competition

Course curriculum

Content

Additional Production and Costs Modules

Production Possibilities Curve

Supply

Costs

Subsidies

Economics Olympiad Prep Modules