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GRAPH a comparison of the short-run and long-run profits, price, and quantity of a Monopoly and a PC firm.

 
Oct 18th, 2017

If you google image these different graphs, you'll fine what you need. Long run for perfectly competitive will eventually equal $0 profit if they do not find ways to improve their technology or lower costs. Monopoly's will ALWAYS profit despite short or long-run since they are the only competitor in the market. 

Jan 10th, 2015

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Oct 18th, 2017
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Oct 18th, 2017
Oct 19th, 2017
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