Graph, Macroeconomics

Maximum profits will occur at the output level where is the greatest vertical distance between Total Revenue(TR) AND Total Cost(TC. uSE THE TOTAL REVENUE-TOTAL COST CURVES TO Illustrate maximum profits under perfect conditions in the short run.
Posted Date: 4/8/2013 6:38:42 AM | Location :







Related Discussions:- Graph, Assignment Help, Ask Question on Graph, Get Answer, Expert's Help, Graph Discussions

Write discussion on Graph
Your posts are moderated
Related Questions
HOW TO GET THE REVENUES AND EXPENDITURES AS A PERCENT OF GDP?

Q. State the Marginal Productivity Theory. What are its features and assumption? Marginal Productivity Theory of distribution states that in a capitalist economy the demand for

Suppose that a security costs $3,000 today and pays off some amount b in one year. Suppose that b is uncertain according to the following table of probabilities: b: $3,000 $3,300 $

Give a brief description of the transmission mechanism 1. When the central bank target rate increases, other interest rates in the economy will increase (and the money supply

Explain the adjustment to the new equilibrium price from an increase in demand.

What is the different between price effect and sales effect? Both relate to Elasticity and Total Revenue: a. A price effect: After a price raise, all unit sold sells at a hi

Stocks and Flows   When studying economics, one must be sure whether the variable being studied is a stock variable or a flow variable. Failure to do so can cause faulty economi

Goods Market and Factors Market: Goods  market  is  the  market  where  goods  are  bought  and  sold  for  the  purpose  of consumption Factors markets are the markets

Suppose the price level in year 2009 is 100 and $100 buys 100 notebooks that year. If the price level rises to 125 in year 2010, what is the new value or purchasing power of the do

Differences between absolute advantage and comparative advantage?              Ans) Absolute benefit and comparative benefit are two basic concepts to international trade. Under