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B1 The firms and industry operating in a PC structure The long and the short of it.

B1 The firms and industry operating in a PC structure The long and the short of it. B & D pp. 102-8. Sub-topics. Assumptions of the model Revenue curves Profit maximization in the SR Profit maximization in the LR Shut-down price and break-even price. Learning Objectives.

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Make normal profit - PowerPoint PPT Presentation

B1 The firms and industry operating in a PC structure The long and the short of it.