Date

Chapta
Saat
O7 he Paodudron Proces
faoduckenhPrcxol
O0m3 faatd
proctad y whchinputi eu

inta outputs
Hou mn eh
oebh krckingse Howrh o
8utpuk- pruoduu to e Roch npu tr deup
Cenputbd uniang tus
Lalnununttoauiu
thr deus Lono
ouma haua
umá ehauao qudsd
bymaxumuoin pfraa
TotatTotat Rauun TR-Totr Cnat
TAo p tonomi praE %Ateountia p
TR
Amt neuued lo Ralun orod
TR Pues Nepduckseld
Te Sum matzen Explacat eost 4
Fe anusia whom ámplaest Co
ucneu adasallg ohomoen homdo
ExPainglalou [Ascowta
C l oppmA 00AE Co-
ubing
all inputa
oonund n buoins tnsua 30s
Prn TRTC
de m 00

BconDmaspuat=IR-TEc
Ratr el sturn
Annua u.onat intcma gpaanatrd. h
om inuRMOm
ht inucatmnt QKtRAedao pani onlo
Nogmal rgo ogkusn rate o 7auin
uun- kap
tr una

rutr o netur , d
20nuna
Date
Saath
TReTC Nonmo RoR
Aceountunq Pra t = TR-TEC

Ecanam Pawp.t TR-TC

npuse Raonuncen fadtha uwtdn ptioducton ogendalsorts

fxed inpus kannst be chamaod uod dunnq tz panuód
undsn_cmaudanalzon Exdaboun, Mochuiea)
Vouualsla inpua? Snpue trot- can be vanud easd 0oad on wwny
Shont notre

Shonk Run Detuoumo odona Rum diusis

Penund oltim fan_uwhach Acmdktrno hid Pad o ne owht thAA Cns m
uan npar.akg undin ad scala dCactna poducls
podud ) Enm eon lncneaaedesreoe 1cala
pRAduet
waduau4 aNeserma tàn enz 2exAlang

Dplimalmubaa d produclzm Roductn metbod a munumueo

COAt
TRTR-TC J
PnodueFundion/Totat Paaduek Ruockhan A mathematreal expnoaaun
elatinohup bot0aE npula &
Duptula
hs,use Muens one unputa dahoun (D& Caputad K
Lbupa)f(Lr) 4L

Page No.
 Date
cam
ngunalProdaust funelinn -addtunaal oukput trelu m k
adding.ma MOa
beptzaolhacAd by

eolunma po2lbt
Chomgntat padues
MougunolLprodu e laboun
Chom ua LLna lalaa

Aueaneprodac augamaunt preducadbyaaeh un

uOAalble act optroductom

Huozag pLaduak o lahoun Tott pzaduk

Total przodu FumeUn Totat und o laboa
OotpTd
MoLaunalpzaduek 6 he Blope
totaprodastu mdi
Unulshobyn

Morg wna prrduur Smpouoi

Axlng o moiainal
9.sttput paurueuoe
Argprandb puacdek
tohom aasn educt Loa makm
mansan2auera.p
ohon aMQpducealls, naangan
puade lad tho ONg
gLde
douso Oouaushins Rottinna
Lohon oddikonol p euanualla unpu ata
addal tr
eotaus pouat h mangunapt ss ouanalyla Paod unp.its o
phaduc
phaduek Aaduom
Ascduoe
Dimunshung roliuzna oluaAPpn ahztiruoand in
akmtun
eusnay oun foc dumunahanq rtdAnna

Page No.
Date
Saath)
To meana hat auuy fm onda da ptageaodiuly oluldacult
bn Exeak d outputa0 np prtoachaa 0n0cd poduck

1 dncreaoin eluunna
9 Diminiahing roanna
Dutput
W> Neqatii telrmina

doloowru
Shon Run Ganaph

Predus onan pumeano wth tuo Vanalte faetana oPraduclni

pubs uwork Togthn and ono owed aA complemenlog

Eo xamplu Intreane in eopuial uheniape pzodlucuub abon

Supus 04 alas bubslstntls tar cech sltn

(P)+B K)
fum Laul tmunimime Coat.

Jsoquoona2 SemueGumlh
tulpn a cuoue IkaE shouo dfeannt embunstumL
captat labuun to pocdua A0me armt output

Slope2AC _MP
AL MP

L
MRTS (Meginal Ra

&ldretatas ratt ak_pmkch

forea Lan 3ubstutue aopctk fn
Lakecn 2hol ouulpat cma
Page No.
 Sac
Date

Toa do = àL(MP)

ocop t 2lal
J8o.coo gMapl Alhauwung all cmbin.alucng
aLlallly on a gLon lal coatz

We eam deonmin. ondo e lh n

Tolp

AR -ICPe
Slope=
DL
PR

Pund lLas coE Tonnology ti_LeqLuona uocDots

Munm eot-uncuuul to produe

Ealha cndulm MPL PL Opbrrsl combunodn

MP P &K s ba sedy
A6C Mnm um
Coo

2
Expomoun PabB
TC

Page N
Date/
Ch &Shont Run Coota &Outpit Deuous
GaathD
Totut Coal Totai Fxed Comta +Totul Vaniable onte
TFC(O uonhtad Cont
Totnl ondudell aed coab thot doat changp Lath eulpiteutn
Dpa O
Alsn call Bunk cooa becaune unm hao no choicobut top.a4 he

PuunAge Fuxed C To tat Fyod CootE

Andto .

Uindy

alor collo aprteadine_piuonhoad

Vaual Coot Potd o all teot that ua t a nt lauelef oukpu

nzhp um

dapendint m-
danaleqy uned Coaunpus

3lopeianl nwssonidy linsan

TVC

Uulo

Page No.
Date /
bncIAABn 1C r k e n i l l s u a d d

ooupta
bme 0one wnu

MC TC

MmaanuAna H asstpadditmal Ceunpl

Eum haa Lantrd copa.cukb produze_apik

BecAdumunohuaq rotuhnA uaaualla bukpula

Cost pe MC
ME

n labaun
Unto Dupik
MC ullumdtn noroas upr in shonk un
OAaphan VC MC
NG.
TVC
MC

n o lobou
Uwo o laboun
TNC
Belou Dnaa VCUaeroAea h dacrsanina ra

Slepe eTNC TVC ATUC = TVC MC

Me-

Page No.
Date
Saatr

AVC n dilned a TNC

o eLnuotpu
AVC otLoDs MC, bsut leg& lehind

AVC Wham MCo balnuo AVe Avc

dolnn
num Mc abow AVC,_AVC
ineneasi
Riana MC Lntostes AUC ot munumu
pau oAVC

Mc= ATVC PL

TC
TC TUC haue bom @hopt. Just TC
i higoin b TE Comdunt

Huenag Told Cod Tet Co

o na.oumds

MC
9 MC belaw ALC A L delune
oNA ML
ATCAve
aboue ATC, ATC ul uncrniaca
9pMC w

MCInteca ATC LAyCcunww at

thcAmunim costp

PageNo.
 Date
Saat
= K,L)

TVC1Ea daata

hx MP op Janiallaunput VC nshnk rum

AP e uoabe unpus w
, wil AVC

Ontpik DeeLLmnA in th Xhank RLm

ManaaE 8Uuels

Paulgtha mport
Monopol Olgopo
dangt selle Fou sellun Monopol
Sng&dll
Futunta
manunm oac Annal elat
paduncn UAnolln dsike al Lndus
no nm hos pltaduu
ton bxo cusoLOnuátion d

MotmcgennLiO Prodn
unduanedralsd ddtu ans
ts one anolkr dinlu

rduuduela ouA tak o0

Pau bek loy monkd
danan
9uppay
Page No.|
Date /
Saath)
Sach anm tpatk olast demaond tu

TR= Px Q
Manqunal Rouen MR) adddisnal prausnus tat onm ersia
Lehon 1ocn.aaoeo olput by he addhinnol
un
Sn_paalackLompetntan., M H Gutay Reen
P= MR =AR
PPascpLlunt

Mox umAM TR-Te)

Delenminin he marimungangALR -
TR Capph nop
MR MC appLea.ch

helue Lwha
Paol maxumamr louoeOtstEDalL rmalo

MR = MC
MR= P .o P=MC
DLin penlask empebtrm

P Mc on pukell, omped moukL

ME ale pout tinaekton
lnpe o MC z ep
 TC
TR
TC TR

moam VLm MR = M C

Me Me MC

P AR MR Slope oMR Knpe.ad M

R

n ahnoru apadecity compolae mabdE km

Maimuge 0
moj 2uln
Brreak or
Mn wnwm lon3e
Openat
8hut&ounn

Baeah Pun Pous- ohom a uns malk

ing empoom nnA
ptoatlo
6tol pnaf
=TR-Te =O
P= Mc
Mwwan aasto
non 0aking eAL@aala m
ATog
Shu AnunLheu
ad Los PageN a
Date. Saatht
Sun in gkm u n TEG con. he acndad, thr detonn shultng
odpum dpondo pmoponatona prtat on not openang HenuL

Opuaabn Pasf Daloos =R

TR-TvG
9 R TVC, DP tue
kcom be uoad n oMaak ned costa
uunLa kop oenating

TRTVGOf -
lotal lopsto_an ab@ue Ad cot
Funcam munim Looaeo hy ahscb-thy dou

hr cADL
MaxLmy un Prap
ATC
/AVC.

P BR-MR

Bru
ok e n

Avc

P: AR-

BaAk oun pouk

Page No.
 Saoy
MC ATC
Date

DpetalzyP

CompeuuueFm
bhonk Ru Supply Cunue Paskedttay

cost CLML
noluptsu uppu ANe thr henunonta Ai bmanqunoA
AVC o all LmA ntru undubtE

S (P) on Pmin AVC

Tur Qusuan
4oKL +3kL2-kL3/
- Sutputtmu paxiuas
L No. alu pi
d 4Dk Gkl-KL

yo+6L- L o,
2-6Lb- Yo z0,
2 +l-loL-40es
tCL)
L=l0-
MP dQ

on MP bemax.m, 2Q
dL2
O A
APE T 4o +3L -

Hence pry APzMP

Page
 Saa
Date

Chaptu10

DOUAC0DLnpul a t io dependon
Denuud demand 2 domand Pen
09 dmdmdooutput

taduclaul, oSnpu Amt o cutpak pn unct p d

ManqundPrzoodu o dalthnMP addulunelozkpkptudutadala,he

Manquna PeutnusPApduc(MRP) adatuenal xousnue anma

Qenangttng by addana mamee
binut npu

MRP= MP,xP
P Pau mmody

p t a moxumunLn e lalbiotus qp Cmla unpu

MRPL
LWags Ra
he MRP, tno domocnd ua en labotun tn shunt Tu

to
 darnal Mankelo

Tat upl,
Raat lansia smucts fued

oland

Pruce e agnd dalae trat haoaxed upply

dogmamd deleimnad

D
Rolunn t aes olpmede elan in ad
Lpp 1a purt Ren

Naloun uell land uptrpout at-akueh

MR PA EPA

Cmobunusg all e um z Loageoottu4 mbunalusn

MPL MP MPA

P P Pa Px

dnno 8tpukMonka Artea

ShJe in ad damacnd cuAueD

Chana n Amonden utpuka
0

Dx 1 P MRPL T