pcecon.com Class Notes
|Decisions and Profit of a Price Taker in the Short Run
Using the Cost Curves
On the left are the step by step descriptions of the situations and decisions made by sellers using their short run cost curves. Clicking on the description will change the picture on the right, so you can follow the decision steps, and see what happens to the profit.
You may have to wait a few seconds for each picture to show up.