College Board AP Microeconomics microeconomics · 3.1

The Production Function

Code: 3.1
In: 3 Production, Cost, and the Perfect Competition Model
Course: AP Microeconomics microeconomics
Board: College Board

Codes and titles are read by a script from College Board's published specification and have not been checked by a person. What each point covers is in the specification itself: College Board’s specification.

Points under 3.1

PRD-1.A Production and costs

Points in 3 Production, Cost, and the Perfect Competition Model

3.1 The Production Function
3.2 Short-Run Production Costs
3.3 Long-Run Production Costs
3.4 Types of Profit
3.5 Profit Maximization
3.6 Firms’ short-run output and long-run entry or exit
3.7 Perfect Competition