Posted by Justin on May 29, 2008, 5:54 pm
76.122.130.61
"All firms, from Delta Airlines to your local deli, incur costs as they make the goods and services they sell. As we will see in the coming chapters, a firms costs are a key determinant of its production and pricing decisions. In this chapter, we define some of the variables that economists use to measure a firm's costs, and we consider the relationships among these variables.
A word of warning: This topic is dry and technical. To be brutally honest, one might even call it boring..."
at least they are being honest, but I wouldn't say 'brutally honest'. If that were the case I think they would have to write "one would call it boring', instead of 'one might'.
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