Economies of Scale Calculations | Formulas
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Last updated 1:12 AM on 10/24/25
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6 Terms
1
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Profit (shortened)
TR - TC
2
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TR
P * Q
3
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TC
TFC + (AVC*Q)
4
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AC
TC/Q
5
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Profit using revenue (extended)
(PQ) - (TFC + (AVCQ))
6
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Profit using AC
(P-AC)*Q
Note 
Flashcards (30)