'Marginal cost costs price' diaporamas de présentation

Perfect Competition

Perfect Competition. Chapter 11. Perfect Competition. The concept of competition is used in two ways in economics. Competition as a process is a rivalry among firms. Competition as the perfectly competitive market structure. Competition as a Process.

1.4k views • 84 slides

Perfect Competition

Perfect Competition. Chapter 14-2. Profit Maximizing and Shutting Down. Profit-Maximizing Level of Output. The goal of the firm is to maximize profits. Profit is the difference between total revenue and total cost. Profit-Maximizing Level of Output.

855 views • 46 slides

PURE COMPETITION

357 views • 15 slides