File:Perfect competition in the short run.svg

Original file (SVG file, nominally 580 × 400 pixels, file size: 3 KB)

Description
English: Diagram showing that it is possible that a firm in perfect competition makes an abnormal profit, if P > min(ATC). In the long run, however, only normal profits will be made, since P will equal min(ATC) exactly.
Date (UTC)
Source
Author
Other versions
Imperfect competition in the short run.
Simpler version of the same diagram
w:en:Creative Commons
attribution share alike
This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license.
You are free:
  • to share – to copy, distribute and transmit the work
  • to remix – to adapt the work
Under the following conditions:
  • attribution – You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
  • share alike – If you remix, transform, or build upon the material, you must distribute your contributions under the same or compatible license as the original.

Original upload log

This image is a derivative work of the following images:

  • File:Perfect_competition_in_the_short_run.png licensed with Cc-by-sa-3.0-migrated-with-disclaimers, GFDL-en, GFDL-user-en-with-disclaimers
    • 2008-10-10T11:36:52Z Iroony 653x496 (10875 Bytes) {{Information |Description={{en|Diagram showing that it is possible that a firm in perfect competition makes an abnormal profit. However, the condition for long run AR=MR}} |Source=Transferred from [http://en.wikipedia.org en
  • File:Costcurve_-_Combined.svg licensed with Cc-by-3.0
    • 2010-09-26T19:21:16Z Jarry1250 560x400 (2867 Bytes) {{Information |Description={{en|Three [[:en:cost curve|cost curves]] (average total cost, marginal cost, and marginal revenue) overlaid.}} |Source=*[[:File:Costcurve_-_Combined.png|]] |Date=2010-09-26 19:20 (UTC) |Author=*[[:

Uploaded with derivativeFX

Captions

Add a one-line explanation of what this file represents

Items portrayed in this file

depicts

image/svg+xml

File history

Click on a date/time to view the file as it appeared at that time.

Date/TimeThumbnailDimensionsUserComment
current16:18, 15 October 2010Thumbnail for version as of 16:18, 15 October 2010580 × 400 (3 KB)Jarry1250== int:filedesc == == int:filedesc == Better economics
20:59, 5 October 2010Thumbnail for version as of 20:59, 5 October 2010560 × 400 (4 KB)Jarry1250== Summary == Economics error fixed.
20:52, 5 October 2010Thumbnail for version as of 20:52, 5 October 2010560 × 400 (4 KB)Jarry1250== Summary == Try to realign again.
20:51, 5 October 2010Thumbnail for version as of 20:51, 5 October 2010560 × 400 (4 KB)Jarry1250== Summary == == Summary == Minor fixes
20:45, 5 October 2010Thumbnail for version as of 20:45, 5 October 2010560 × 400 (4 KB)Jarry1250{{Information |Description={{en|Diagram showing that it is possible that a firm in en:perfect competition makes an abnormal profit, if P > min(ATC). In the en:long run, however, only normal profits will be made, since P

Global file usage

The following other wikis use this file: