2011-10-02 22-42-48 38

2011-10-02 22-42-48 38 - “'7 Profit=(P-ATC*Q Gian a firm...

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

View Full Document Right Arrow Icon
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: “'7' Profit= (P-ATC) *Q. Gian a firm is breaking even or operating at a loss: If . P> ATC, the firm makes a profit b. P=ATC, the firm breaks even c. P<ATC, the film experiences losse§ ” Figm 1 1.5 \kk. Break even Less (309‘ fig N‘— ‘ mmeW—wh;¥fl-Lm—A-;_-- u___;_______'_ ___-____ - -- - __ _r_;_ _ _ ; ___ _ ...
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern