Total cost
Revision as of 11:27, 1 June 2020 by Gary (talk | contribs) (Created page with "Total cost is all the costs that a firm must incur in the process of production. ==Definitions== According to Principles of Economics by Timothy Taylor (3rd edition),...")
Total cost is all the costs that a firm must incur in the process of production.
Definitions
According to Principles of Economics by Timothy Taylor (3rd edition),
- Total cost. All the costs that a firm must incur in the process of production.