Microeconomics: Case Study
Graph #1: Demand Curve and any Changes (CHOOSE ONE):
Graph #2: Supply Curve and any Changes (CHOOSE ONE):
Graph #3: Demand & Supply Curves with Changes
Micro Case Study—cont’d.
III. Costs & Profits: From the article see if the company is above target (Eco. Profit), on target (Normal profit) or below target (Loss).
Graph #4: Short-run Profit or Loss (use MC, AR, ATC, and AR; shade where appropriate) WB PG. 224
Graph #5: Long-run Profit or Loss (use MC, AR, ATC, and AR; shade where appropriate) WB PG. 224
Graph #6: The Planning Curve: LRATC & Optimal Plant Size (Economies & Diseconomies of Scale) WB PG. 181
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