Cost Functions
A cost function describes the minimum monetary cost that a rm has to incur
in order to produce a certain number of goods. It is closely related to the
production technology available to the rm. Economists usually distinguish the
horizon of

Problem Set 3
HE 2009 Industrial Organisation 2015
Due Date: Monday, September 7.
You are encouraged (but not required) to work on the problem set in a group of
no more than 4 students. Each group need to turn in only one copy of your work,
with names of

Problem Set 2
HE 2009 Industrial Organisation 2015
Due Date: Monday, August 31.
You are encouraged (but not required) to work on the problem set in a group of
no more than 4 students. Each group need to turn in only one copy of your work,
with names of al

Problem Set 1
HE 2009 Industrial Organisation 2015
Due Date: Monday, August 24.
You are encouraged (but not required) to work on the problem set in a group of
no more than 4 students. Each group need to turn in only one copy of your work,
with names of al