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Course Description

In this lesson, you will examine the profit maximizing output rule for producers, define the first law of supply, examine the price elasticity of supply, and define the supply ceteris paribus conditions.

Benefits to the Learner

  • Combine the first law, price elasticity, and ceteris paribus conditions of supply
  • Examine the profit maximizing output rule for producers
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Type
self-paced (non-instructor led)
Dates
Feb 24, 2020 to Dec 31, 2030
Total Number of Hours
1.0
Course Fee(s)
Regular Price $0.00
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