Microeconomics for a Perfect Competitive Market 24) Draw and describe industryís graph and a single firmís graph in a perfectly competitive market.
The graphs must show a positive economic profit for a single firm. You need to draw the two graphs side by side as we did in the class.
25) Draw and describe the industry’s graph and a single firm’s graph in a perfectly competitive market. The graphs must show an economic profit for a single firm. You need to draw the two graphs (industry’s level and a single firms level) side by side as we did in the class.
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