Discussion Post: Economics- Cost Curves
• Show what happens to profits and profit maximizing output when price increases. Start with a firm that is earning positive economic profits.
• Show what happens to profits and profit maximizing output when price decreases. Start with a firm that is earning negative economic profits.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.