Wednesday, July 7, 2010

Perfect Competition Problems

Summary: Pdf. Google Documents.

Here is the link. I have written problems about shut down and loss minimizing position. I also included problems where students plot total revenue, total cost, total variable cost, and total fixed cost to give them intuition behind the profit maximizing position. Your comments, even if they are brutal, are welcome.

About the Author: Mike Fladlien is an AP Economics teacher from Muscatine High School in Muscatine, IA. He is an author, and also publishes the Mikeroeconomics and iMacroeconomics VB blogs.


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