文档介绍:Chapter 8
Analysis of petitive Markets
T-60Figure 8-1
Demand Curve Looks Horizontalto a petitor
Firm’s Supply Curve Is Its Rising Marginal Cost Curve
T-61Figure 8-2
Firm’s Supply Curve Travels Down the MC Curve to the Shutdown Point
T-62Figure 8-3
Add All Firms’ Supply Curvesto Derive Market Supply
T-63Figure 8-4
Effect of Increase in Demand on Price Varies in Different Time Periods
T-64Figure 8-5
Constant-Cost Case
T-65Figure 8-7
Increasing-Cost Case
T-66Figure 8-8
Factors with Fixed SupplyEarn Rent
T-67Figure 8-9
Backward-Bending Supply Curve
T-68Figure 8-10