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Tags
#cfa #cfa-level-1 #economics #has-images #reading-15-demand-and-supply-analysis-the-firm #section-3-analysis-of-revenue-costs-and-profit
Question
(Keep in mind that [...] as an implicit cost is included in ATC as a fixed cost.)
Answer
normal profit
Tags
#cfa #cfa-level-1 #economics #has-images #reading-15-demand-and-supply-analysis-the-firm #section-3-analysis-of-revenue-costs-and-profit
Question
(Keep in mind that [...] as an implicit cost is included in ATC as a fixed cost.)
Answer
?
Tags
#cfa #cfa-level-1 #economics #has-images #reading-15-demand-and-supply-analysis-the-firm #section-3-analysis-of-revenue-costs-and-profit
Question
(Keep in mind that [...] as an implicit cost is included in ATC as a fixed cost.)
Answer
normal profit
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(Keep in mind that normal profit as an implicit cost is included in ATC as a fixed cost.)
es are first established, there is an initial period where losses occur at low quantity levels. In Exhibit 17, the breakeven quantity occurs at output Q BE , which corresponds to point B where price is tangent to the minimum point on the ATC. <span>(Keep in mind that normal profit as an implicit cost is included in ATC as a fixed cost.) Exhibit 18 shows the breakeven point under perfect competition using the total revenue–total cost approach. Actually, there are two breakeven points—lower (point E) and upp
Parent (intermediate) annotation
Open it(Keep in mind that normal profit as an implicit cost is included in ATC as a fixed cost.)
Original toplevel document
Open ites are first established, there is an initial period where losses occur at low quantity levels. In Exhibit 17, the breakeven quantity occurs at output Q BE , which corresponds to point B where price is tangent to the minimum point on the ATC. <span>(Keep in mind that normal profit as an implicit cost is included in ATC as a fixed cost.) Exhibit 18 shows the breakeven point under perfect competition using the total revenue–total cost approach. Actually, there are two breakeven points—lower (point E) and upp
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| status | not learned | measured difficulty | 37% [default] | last interval [days] | |||
|---|---|---|---|---|---|---|---|
| repetition number in this series | 0 | memorised on | scheduled repetition | ||||
| scheduled repetition interval | last repetition or drill |
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