1. CHAPTER
Perfect Competition 8

2. EXHIBIT 1
THE MARKET PRICE AND DEMAND FOR THE PERFECTLY COMPETITIVE FIRM

3. EXHIBIT 3
SHORT-RUN PROFIT MAXIMIZATION USING THE TOTAL REVENUE–TOTAL COST METHOD FOR A PERFECTLY COMPETITIVE FIRM

4. EXHIBIT 4
SHORT-RUN PROFIT MAXIMIZATION USING THE MARGINAL REVENUE EQUALS MARGINAL COST METHOD FOR A PERFECTLY COMPETITIVE FIRM

5. EXHIBIT 5
SHORT-RUN LOSS MINIMIZATION USING THE MARGINAL REVENUE EQUALS MARGINAL COST METHOD FOR A PERFECTLY COMPETITIVE FIRM

6. EXHIBIT 6
THE SHORT-RUN SHUTDOWN POINT FOR A PERFECTLY COMPETITIVE FIRM

7. EXHIBIT 7
THE PERFECTLY COMPETITIVE FIRM’S SHORT-RUN SUPPLY CURVE

8. EXHIBIT 8
DERIVING THE INDUSTRY SHORT-RUN SUPPLY CURVE

9. EXHIBIT 9
SHORT-RUN PERFECTLY COMPETITIVE EQUILIBRIUM

10. EXHIBIT 10
LONG-RUN PERFECTLY COMPETITIVE EQUILIBRIUM

11. EXHIBIT 11
LONG-RUN SUPPLY IN A CONSTANT-COST INDUSTRY

12. EXHIBIT 12
LONG-RUN SUPPLY IN A DECREASING-COST INDUSTRY

13. EXHIBIT 13
LONG-RUN SUPPLY IN AN INCREASING-COST INDUSTRY