consider the perfectly competitive market for halogen ceiling lamps. the following graph shows the marginal

consider the perfectly competitive market for halogen ceiling lamps. the following graph shows the marginal cost (MC), average total cost (ATC), and average variable cost (AVC) curves for a typical firm in the industry.

 

 

answer:

Add Comment
0 Answer(s)
  • Votes
  • Oldest

Your Answer

By posting your answer, you agree to the privacy policy and terms of service.