Скачать презентацию 1 Chapter 7 Sections 2 3
dc6f65a04726fac727902e56fc0f41d2.ppt
- Количество слайдов: 94
1
Chapter 7 Sections 2
3
4
5
Many Buyers and Sellers 6
7
8
9
10
11
12
13
14
15
An Individual Firm’s Demand Curve 16
17
18
Exhibit 7. 1: Market and Individual Firm Demand Curves in a Perfectly Competitive Market 19
20
21
22
23
24
25
Profit Maximization 26
Total Revenue 27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
Short-Run Profits and Losses 42
43
44
45
46
47
Evaluating Economic Losses in the Short Run 48
49
50
51
52
53
54
55
56
57
Exhibit 7. 9: The Firm’s Short-Run Supply Curve 58
59
Exhibit 7. 10: Deriving the Short-Run Market Supply Curve 60
61
62
63
Long-Run Equilibrium 64
65
66
67
Exhibit 7. 11: Profits Disappear with Entry 68
Exhibit 7. 12: Losses Disappear with Exit 69
The Long‑Run Equilibrium for the Competitive Firm 70
71
72
Exhibit 7. 13: The Long-Run Competitive Equilibrium 73
74
75
76
Long-Run Supply 77
A Constant-Cost Industry 78
A Constant-Cost Industry 79
80
Exhibit 7. 14: Demand Increase in a Constant-Cost Industry 81
Exhibit 7. 14: Demand Increase in a Constant-Cost Industry 82
Exhibit 7. 14: Demand Increase in a Constant-Cost Industry 83
An Increasing-Cost Industry 84
An Increasing-Cost Industry 85
86
87
A Decreasing-Cost Industry 88
89
Perfect Competition and Economic Efficiency 90
91
Perfect Competition and Economic Efficiency 92
Exhibit 7. 15: Allocative Efficiency and Perfect Competition 93
94