The Supply Schedule of a Single Firm Under Perfect Competition

Richard Kahn
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Richard Kahn: University of Cambridge

Chapter Chapter 2 in The Economics of the Short Period, 1989, pp 14-20 from Palgrave Macmillan

Abstract: Abstract The object of this chapter is to examine the nature of the short-period supply curve and the general conditions of equilibrium in an industry producing in a state of perfect competition. As in the case of long-period equilibrium, a satisfactory solution can be obtained only by subjecting to analysis the behaviour of the individual firm.1

Keywords: Fixed Cost; Average Cost; Cost Curve; Supply Curve; Average Total Cost (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-09817-0_2

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DOI: 10.1007/978-1-349-09817-0_2

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