Y2 8) Profit - Normal, Supernormal And Subnormal

Y2 8) Profit - Normal, Supernormal (Abnormal) and Subnormal

Y2 9) Objectives of Firms - Profit Max, Rev Max, Sales Max, Satisficing

Perfect Competition Short Run Supernormal/Abnormal Profit

Y2 13) Perfect Competition

Key Diagrams - Supernormal and Subnormal Profit

Normal vs supernormal profits

Key Diagrams: Normal and Abnormal Profit

Perfect Competition Short Run Loss/Subnormal Profit

HOW TO draw a monopoly making supernormal profits!

Understanding Normal Profit: Economics 101