Documents 1 Chapter 9 PROFIT MAXIMIZATION Copyright ©2005 by South-Western, a division of Thomson Learning......

Slide 1 1 Chapter 9 PROFIT MAXIMIZATION Copyright ©2005 by South-Western, a division of Thomson Learning. All rights reserved. Slide 2 2 The Nature of Firms A firm is an…

Documents Chapter 9 PROFIT MAXIMIZATION. Lee, Junqing Department of Economics, Nankai University CONTENTS The....

Chapter 9 PROFIT MAXIMIZATION Lee, Junqing Department of Economics , Nankai University CONTENTS The Nature of Firms Profit Maximization Marginal Revenue Short-Run Supply…