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    MCOM Economics For Business Decisions 10

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    sarthaksen
    The document discusses concepts related to supply and demand curves. It explains the relationship between price and quantity supplied/demanded, showing how equilibrium price and quantity are determined by the intersection of the supply and demand curves. It also introduces the concepts of marginal cost, average cost, and total cost curves and how they relate to the supply curve. The document contains graphs and diagrams illustrating these economic concepts.

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    MCOM Economics For Business Decisions 10

    Uploaded by

    sarthaksen
    8 views14 pages
    The document discusses concepts related to supply and demand curves. It explains the relationship between price and quantity supplied/demanded, showing how equilibrium price and quantity are determined by the intersection of the supply and demand curves. It also introduces the concepts of marginal cost, average cost, and total cost curves and how they relate to the supply curve. The document contains graphs and diagrams illustrating these economic concepts.

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    MCOM_Economics_for_Business_Decisions_10

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    The document discusses concepts related to supply and demand curves. It explains the relationship between price and quantity supplied/demanded, showing how equilibrium price and quantity are determined by the intersection of the supply and demand curves. It also introduces the concepts of marginal cost, average cost, and total cost curves and how they relate to the supply curve. The document contains graphs and diagrams illustrating these economic concepts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    8 views14 pages

    MCOM Economics For Business Decisions 10

    Uploaded by

    sarthaksen
    The document discusses concepts related to supply and demand curves. It explains the relationship between price and quantity supplied/demanded, showing how equilibrium price and quantity are determined by the intersection of the supply and demand curves. It also introduces the concepts of marginal cost, average cost, and total cost curves and how they relate to the supply curve. The document contains graphs and diagrams illustrating these economic concepts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 14



    JAIN
    DEEMED-TO-BE UNIVERSIT Y



    JAIN
    DEEMED-TO-BE UNIVERSIT Y

    Price of X

    AR

    MR

    O Quantiry Demanded
    and Supplied
    JAIN
    DEEMED-TO-BE UNIVERSIT Y

    MC

    Costs
    AC

    C2

    C1
    E
    Ce

    O Q Output

    ⚫
    JAIN
    DEEMED-TO-BE UNIVERSIT Y

    `
    ` `

    A
    6

    H B
    4

    G K C
    2

    D
    1
    J F
    0 10 20 30 40 50 60 Q

    `
    `
    `
    ` `
    `

    A
    6

    H B
    4

    G K C
    2
    D
    1
    J F
    0 10 20 30 40 50 60 Q
    JAIN
    DEEMED-TO-BE UNIVERSIT Y

    A
    6

    H B
    4

    G K C
    2

    D
    1
    J F
    0 10 20 30 40 50 60 Q
    JAIN
    DEEMED-TO-BE UNIVERSIT Y

    ⚫
    Price of X

    SMC
    A
    SAC
    P

    C
    F
    E

    AR
    MR

    O Q
    Quantity Demanded
    and Supplied
    JAIN
    DEEMED-TO-BE UNIVERSIT Y

    Price of X

    LMC
    A1
    P LAC
    SMA
    SAC
    F
    C

    LAR

    LMR
    Q Quantity Demanded
    and Supplied
    JAIN
    DEEMED-TO-BE UNIVERSIT Y



    JAIN
    DEEMED-TO-BE UNIVERSIT Y
    JAIN
    DEEMED-TO-BE UNIVERSIT Y

    Conclusion

    ⚫
    JAIN
    DEEMED-TO-BE UNIVERSIT Y

    `
    ` `
    JAIN
    DEEMED-TO-BE UNIVERSIT Y
    JAINDEEMED-TO-BE UNIVERSIT Y

    @
    ⚫

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