Hint-Ch 8_3_195

Hint-Ch 8_3_195 - graph of D Here there is a market that...

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Chapter 8, P. 195 exercise # 3. QS=8xq q (firm) TC (firm) MC (firm) QS (market) QD(market) 0 -1 0 1 $1 8 70 2 $2 16 3 24 56 4 32 48 5 40 40 6 48 32 7 7 56 24 8 8 64 derived from
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Unformatted text preview: graph of D Here there is a market that determines P*. Then the firm sets P* = MC...
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This note was uploaded on 04/09/2011 for the course ECON 201 taught by Professor Joyce during the Spring '07 term at Drexel.

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