This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: Q Q 0 = Q SD 0 = Q SD Out of Business O u t o f B u s i n e s s P BE Marginal Approach : Pure Competition M a r g i n a l A p p r o a c h : Pure Monopoly $ $ Shut Down Shut Down M C M C A A T C A T C A AVC P SD B AVC B P SD MR = AR = D Firm P = AR = D MR Q Q Q SD Q SD In Business I n B u s i n e s s...
View Full Document
This note was uploaded on 10/26/2009 for the course ECON 180-004-20 taught by Professor Bresnock during the Fall '09 term at UCLA.
- Fall '09