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Material Detail

Profit Maximization -Short Run (Price Taker)

Profit Maximization -Short Run (Price Taker)

Explaining why MR < P for single-pricing monopolists or price-searcheres and why profit maximization does not also maximize economic efficiency using Flash animation. Suitable for classroom presentation and self-paced independent study.
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More about this material

Material Type:
Animation
Date Added to MERLOT:
February 21, 2005
Date Modified in MERLOT:
July 29, 2015
Author:
 
Submitter:
K K Fung
Primary Audience:
High School, College General Ed
Technical Format:
Website, Flash
Mobile Compatibility:
Not specified at this time
Technical Requirements:
Flashplayer6+
Language:
English
Cost Involved:
No
Source Code Available:
No
Creative Commons:
Creative Commons License
This work is licensed under a Attribution-NonCommercial-ShareAlike 3.0 United States

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