https://gdpark.blog/tags/profit-maximization/Recent content in Profit Maximization on gdpark.blogHugoenThu, 21 Jul 2016 00:00:00 +0000https://gdpark.blog/posts/microeconomics-43-short-run-supply-curve/Thu, 21 Jul 2016 00:00:00 +0000https://gdpark.blog/posts/microeconomics-43-short-run-supply-curve/We derive the short-run supply curve in a perfectly competitive market — turns out it’s just the SMC curve above AVC, and here’s exactly why that matters.