Menu costs

From CNM Wiki

Revision as of 09:38, 2 June 2020 by Kevmwangi (talk | contribs)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Jump to: navigation, search

Menu costs are the costs that firms face in changing prices.

Definition

According to Principles of Economics by Timothy Taylor (3rd edition),

Menu costs. The costs that firms face in changing prices.

Retrieved from "https://wiki.cnmcyber.com/w/index.php?title=Menu_costs&oldid=47795"