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Course Description

In this lesson, you will use the model of perfect competition to analyze both the short-run and long-run equilibriums. You will consider the difference in the way fixed costs are handled in the short run and long run. You will also examine the difference this makes to the break-even points and the way profits are calculated.

Benefits to the Learner

  • Use the model of perfect competition to analyze short-run and long-run equilibriums
  • Consider how break-even points and profit calculations are affected by differences in the handling of fixed costs
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Type
self-paced (non-instructor led)
Dates
Feb 24, 2020 to Dec 31, 2030
Total Number of Hours
1.0
Course Fee(s)
Regular Price $0.00
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