Random Fact

From 1979 to 2010, on an inflation-adjusted basis, earnings for women with a college degree have increased by 33 percent, while those of male college graduates have risen by 20 percent (http://www.bls.gov/opub/ted/2011/ted_20110722.htm). 

Unit 4: Business Production Behavior

Introduction
Section 1: Factors of Production
Section 2: Production Functions and the Law of Diminishing Marginal Production
Section 3: The Relationship Between Production and Costs
Section 4: Factor Price Interferences
Section 5: Determination of Interest Rates and Present Value
Test Your Knowledge!