Profit Making -Economics

label Economics
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

Write Profit equation in terms of P(price) and ATC(average total cost)

Aug 6th, 2014

If P=act that would be break even

If P>act that would be economic profit

If P<act that would be economic loss

Aug 6th, 2014

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
...
Aug 6th, 2014
...
Aug 6th, 2014
Jun 29th, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer