CHAPTER 6 HOW FIRMS MAKE DECISIONS: PROFIT MAXIMAZATION

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1 CHAPTER 6 HOW FIRMS MAKE DECISIONS: PROFIT MAXIMAZATION

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CHAPTER 6 HOW FIRMS MAKE DECISIONS: PROFIT MAXIMAZATION. Figure 1: The Demand Curve Facing the Firm. Table 1: More Data for Ned’s Beds. Figure 2: Profit Maximization. Figure 2: Profit Maximization. Figure 5: Loss Minimization. Figure 6: Shut Down. - PowerPoint PPT Presentation

Transcript of CHAPTER 6 HOW FIRMS MAKE DECISIONS: PROFIT MAXIMAZATION

Page 1: CHAPTER 6 HOW FIRMS MAKE DECISIONS: PROFIT MAXIMAZATION

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CHAPTER 6

HOW FIRMS MAKE DECISIONS:PROFIT MAXIMAZATION

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Figure 1: The Demand Curve Facing the FirmFigure 1: The Demand Curve Facing the Firm

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Table 1: More Data for Ned’s BedsTable 1: More Data for Ned’s Beds

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Figure 2: Profit MaximizationFigure 2: Profit Maximization

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Figure 2: Profit MaximizationFigure 2: Profit Maximization

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Figure 5:Loss MinimizationFigure 5:Loss Minimization

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Figure 6: Shut DownFigure 6: Shut Down