Perfect_competition_in_the_short_run.svg
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| Description |
English:
Diagram showing that it is possible that a firm in
perfect competition
makes an
abnormal profit
, if P > min(ATC). In the
long run
, however, only normal profits will be made, since P will equal min(ATC) exactly.
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Original upload log
This image is a derivative work of the following images:
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File:Perfect_competition_in_the_short_run.png
licensed with Cc-by-sa-3.0-migrated-with-disclaimers, GFDL-en, GFDL-user-en-with-disclaimers
- 2008-10-10T11:36:52Z Iroony 653x496 (10875 Bytes) {{Information |Description={{en|Diagram showing that it is possible that a firm in perfect competition makes an abnormal profit. However, the condition for long run AR=MR}} |Source=Transferred from [http://en.wikipedia.org en
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File:Costcurve_-_Combined.svg
licensed with Cc-by-3.0
- 2010-09-26T19:21:16Z Jarry1250 560x400 (2867 Bytes) {{Information |Description={{en|Three [[:en:cost curve|cost curves]] (average total cost, marginal cost, and marginal revenue) overlaid.}} |Source=*[[:File:Costcurve_-_Combined.png|]] |Date=2010-09-26 19:20 (UTC) |Author=*[[:
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