Edexcel International AS and A level Economics XEC11/YEC11 · 3.3.2.2.c
Total, fixed, variable, average and marginal costs
- Code
- 3.3.2.2.c
- In
- 3.3.2.2 Costs
- Topic
- 3.3 Business behaviour
- Course
- International AS and A level Economics XEC11/YEC11
- Board
- Edexcel
Grade boundaries·Edexcel command words
Codes and titles are read by a script from Edexcel's published specification and have not been checked by a person. What each point covers is in the specification itself: Edexcel’s specification.
Points in 3.3.2.2 Costs
- 3.3.2.2.a Derivation of short-run cost curves from the assumption of diminishing marginal productivity
- 3.3.2.2.b The law of diminishing returns
- 3.3.2.2.c Total, fixed, variable, average and marginal costs
- 3.3.2.2.d Relationships between product and cost curves