What is the foundation of the modern theory of cost? How do you think modern theory explains the…


What is the base of the new-fashioned plea of absorb? How do you reflect new-fashioned plea explains the firm’s behaviour over well than the transmitted plea of absorb? What is the basic estrangement between the transmitted and new-fashioned theories of absorb? Why do firms below new-fashioned plea of absorb appropriate for a machinery set delay built-in restraint space?