Factors that can Shift a Firm's Short run Costs of Production

We know how a firm's short-run cost curves are related to one another (MC, AVC, ATC), but we haven't yet discussed the things that can cause a firm's costs to increase or decrease in the short-run.

This video outlines all the factors that can shift a firm's SR cost curves.

More resources for economics students and teachers at http://econclassroom.com/?page_id=5870

• #education
• #ap_micro
• #ap_microeconomics
• #ib_economics
• #ap_economics
• #costs_of_production
• #theory_of_the_firm