Post on 13-Jan-2016
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CHAPTER 6
HOW FIRMS MAKE DECISIONS:PROFIT MAXIMAZATION
Ch. 6 / How Firms Make Decisions: Profit Maximization 2
Figure 1: The Demand Curve Facing the FirmFigure 1: The Demand Curve Facing the Firm
Ch. 6 / How Firms Make Decisions: Profit Maximization 3
Table 1: More Data for Ned’s BedsTable 1: More Data for Ned’s Beds
Ch. 6 / How Firms Make Decisions: Profit Maximization 4
Figure 2: Profit MaximizationFigure 2: Profit Maximization
Ch. 6 / How Firms Make Decisions: Profit Maximization 5
Figure 2: Profit MaximizationFigure 2: Profit Maximization
Ch. 6 / How Firms Make Decisions: Profit Maximization 6
Figure 5:Loss MinimizationFigure 5:Loss Minimization
Ch. 6 / How Firms Make Decisions: Profit Maximization 7
Figure 6: Shut DownFigure 6: Shut Down