Maximize profit in a perfectly competitive market


Assignment:

Introduction

Utilize cost minimization and the shutdown rule to maximize profit in a perfectly competitive market.

Instructions

The window

Simulation

The simulation is comprised of multiple rounds. Once all rounds are completed, a report is generated for you to download containing your results. Submit that. In each round, you have as much time as you like to choose a level of output so long as the final record sheet is submitted by the deadline. You can go back and redo the simulation additional times if desired.

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Macroeconomics: Maximize profit in a perfectly competitive market
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