Introduction to Costs and Prices

Ledger from a German general store, 1828.
Figure 1. Ledger from a German general store, 1828. (Praefcke, Public Domain).

Chapter Objectives

Introduction to Prices and Costs

In this chapter, you will learn about:

  • Testing the Neoclassical Theory of the Firm
  • Costing and Pricing: A Heterodox Alternative

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