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Page 1: nkc.ac.inDemand, supply, Total revenue, Average revenue, Total cost, Average cost & profit function. ... Marginal cost, Marginal revenue, Elasticity of demand. Maxima and minima for
Page 2: nkc.ac.inDemand, supply, Total revenue, Average revenue, Total cost, Average cost & profit function. ... Marginal cost, Marginal revenue, Elasticity of demand. Maxima and minima for
Page 3: nkc.ac.inDemand, supply, Total revenue, Average revenue, Total cost, Average cost & profit function. ... Marginal cost, Marginal revenue, Elasticity of demand. Maxima and minima for
Page 4: nkc.ac.inDemand, supply, Total revenue, Average revenue, Total cost, Average cost & profit function. ... Marginal cost, Marginal revenue, Elasticity of demand. Maxima and minima for
Page 5: nkc.ac.inDemand, supply, Total revenue, Average revenue, Total cost, Average cost & profit function. ... Marginal cost, Marginal revenue, Elasticity of demand. Maxima and minima for
Page 6: nkc.ac.inDemand, supply, Total revenue, Average revenue, Total cost, Average cost & profit function. ... Marginal cost, Marginal revenue, Elasticity of demand. Maxima and minima for
Page 7: nkc.ac.inDemand, supply, Total revenue, Average revenue, Total cost, Average cost & profit function. ... Marginal cost, Marginal revenue, Elasticity of demand. Maxima and minima for

Micro McEachern 2010-2011 ECON 82. Short-Run Profit Maximization (a) Total revenue minus total cost (b) Marginal cost equals. marginal revenue. TR: straight line, slope=5=P TC increases

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