Friday

April 18, 2014

April 18, 2014

Posted by **whhgn** on Thursday, November 2, 2006 at 12:30am.

a:p=mc=atc

b:p>mc

c:p>mr and p=mc

d:p<mc and mr=MC

and WHy

What is "si"?

Graph an oligopolist, facing a downward sloping demand curve. Draw in your marginal cost curve and your average variable cost curve that are consistent with your given assumptions. Find the optimal production point, and you will have your answer.

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