Search

LATEST NEWS / TUTORIALS

How are profits maximized in a perfectly competitive market in short run

Bbosa Science 12/31/2022 11:39 0

Profits in a perfectly competitive market in short run are maximized at a point where MC = MR when AC < AR and MC curve cuts AC curve from below as shown in diagram below

CATEGORIES Economics

TAGS Dr. Bbosa Science

AUTHOR Bbosa Science

COMMENTS

Wordpress (0)

Leave a Reply Cancel reply

Facebook (0)

Disqus ( )

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

LATEST NEWS / TUTORIALS

UACE S101 General Paper section B: Logic Quiz 20

UACE S101 General Paper section B: Logic Quiz 19

UACE S101 General Paper section B: Logic Quiz 18

UACE S101 General Paper section B: Logic Quiz 17

Measurements, Machines, tools and farm structures in agriculture