tgraphs - Q Q BE Q BE $ $ Loss Min TC Loss Min T C A T R TC...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Total Approach : Pure Competition T o t a l A p p r o a c h : Pure Monopoly $ TR $ Profit Max. A TC Profit Max A TC B TR TFC TFC Q Q Q Max Q Max $ $ Breakeven TC Breakeven TC TR TR TFC TFC Q
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Q Q BE Q BE $ $ Loss Min TC Loss Min T C A T R TC TFC TFC Q Q Q Min Q Min $ $ Shut Down TC TC TFC TR TFC TR Q Q 0 =Q SD 0 =Q SD B B B A...
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.

Ask a homework question - tutors are online