Home
The Study Field of Economics
Factors of Production
Opportunity Cost
Economic Systems
Production Possibilities Curve
Circular Flow Model
Demand, Supply and Prices
Changes in demand and supply
Consumer and Producer Surplus
Government intervention
Theory of demand
Price elasticity
Other elasticities
Theory of supply: Cost of production
Perfect competition
Imperfect competition
Labour market
Perfect competition
The demand curve of the perfectly competitive firm
Change in the market and the individual demand curve
Total revenue, average revenue and marginal revenue of the perfectly competitive firm
Table for Total revenue, average revenue and marginal revenue
Profit maximisation of the individual firm
Profit maximization position
Profit position of the firm
Profit maximization: Graph
Economic profit
Economic Loss
1
2
Next