Page 20 - FINAL CFA SLIDES DECEMBER 2018 DAY 5
P. 20

Session Unit 4:
                                                                        15. The Firm & Market Structures




                                                                            Any shutdown points? SR/LR p.25





                                                                      What happens in SR –

                                                                      adjustment to Demand increase? P. 26








                               This may still be okay in the SR: Why?



























                  LR: MR = P = MC = ATC or else?
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