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P. MC ATC AVC Demand Quantity MA 8. MC marginal cost, ATC average total cost, AVC-average variable cost, and MR -marginal revenue. The firm's
P. MC ATC AVC Demand Quantity MA 8. MC marginal cost, ATC average total cost, AVC-average variable cost, and MR -marginal revenue. The firm's profit maximizing output in the short run is... impossible to determine zero, because PAVC Q1, because MRMC O Q2, because P-MC Q3, because MC-ATC CLEAR ALL 1 0
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