15 Perfect Competition
Chapter Checklist
When you have completed your study of this chapter, you will be able to
1 Explain a perfectly competitive firm’s profit-maximizing choices and derive its supply curve.
2 Explain how output, price, and profit are determined in the short run.
MyEconLab Big Picture Video
Get Foundations of Economics, 8th Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.