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21:40 13/06/2023 LECTURE 1: OVERVIEW OF ECONOMICS
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21:40 13/06/2023 LECTURE 1: OVERVIEW OF ECONOMICS
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10:28 Microeconomics Formulas |
MICROECONOMICS
ABBREVIATIONS & FORMULAS
Py Price o# %ut&ut
Px Price o# '!&ut
TFC Total Fixed Cost TFC = su o# all #ixed costs
TVC Total Variable Cost TVC = X(Px)
TC Total Cost TC = TFC + TVC
TPP or TP Total (Physical) Product TPP = Y
T Total eve!ue T = Y(Py)
TP Total eve!ue Product TP = TPP (Py)
X '!&ut
Y %ut&ut
∆ Cha!ge i!
https://fr.scribd.com/doc/219823213/Microeconomics-formulas# 2/12