Profit Maximization课件.pptVIP

精品文档 60 Profit Maximization Ed. 7: Ch. 8, pgs 264-265, pgs 277-300 Ed. 6: Ch. 8, pages 265-266, pgs 278-304 精品文档 Profit Maximization assuming: Firm must charge every consumer the same price (i.e., no price discrimination) No Strategic Interaction among Firms We will consider two industry structures: Monopoly Monopolistic Competition 精品文档 Profit Maximization Example Q FC VC TC AFC AVC ATC MC 0 100 0 100 - - - ? ? 50 1 100 50 150 100 50 150 ? ? 30 2 100 80 180 50 40 90 ? ? 20 3 100 100 200 33.3 33.33 66.7 ? ? 10 4 100 110 210 25 27.5 52.5 ? ? 20 5 100 130 230 20 26 46 精品文档 Q