DescriptionPerfect competition in the short run.svg	English: Diagram showing that it is possible that a firm in perfect competition makes an abnormal profit, if P > min(ATC). In the long run, however, only normal profits will be made, since P will equal min(ATC) exactly.
Date	5 October 2010
Source	Own work based on: Perfect competition in the short run.png:  by Sheitan and Costcurve - Combined.png:  by Sheitan
Author	Jarry1250
Other versions	Imperfect competition in the short run. Simpler version of the same diagram
SVG development InfoField	The SVG code is valid.  This diagram was created with Inkscape.   This diagram uses embedded text that can be easily translated using a text editor.

Jarry1250, the copyright holder of this work, hereby publishes it under the following license:

This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license.

Attribution:

Jarry1250

You are free:

• to share – to copy, distribute and transmit the work
• to remix – to adapt the work

Under the following conditions:

• attribution – You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
• share alike – If you remix, transform, or build upon the material, you must distribute your contributions under the same or compatible license as the original.

https://creativecommons.org/licenses/by-sa/3.0CC BY-SA 3.0 Creative Commons Attribution-Share Alike 3.0 truetrue

This image is a derivative work of the following images:

• Perfect competition in the short run.png licensed with Cc-by-sa-3.0-migrated-with-disclaimers, GFDL-en, GFDL-user-en-with-disclaimers
  • 2008-10-10T11:36:52Z Iroony 653x496 (10875 Bytes) {{Information |Description={{en|Diagram showing that it is possible that a firm in perfect competition makes an abnormal profit. However, the condition for long run AR=MR}} |Source=Transferred from [http://en.wikipedia.org en

• Costcurve - Combined.svg licensed with Cc-by-3.0
  • 2010-09-26T19:21:16Z Jarry1250 560x400 (2867 Bytes) {{Information |Description={{en|Three [[:en:cost curve|cost curves]] (average total cost, marginal cost, and marginal revenue) overlaid.}} |Source=*[[:File:Costcurve_-_Combined.png|]] |Date=2010-09-26 19:20 (UTC) |Author=*[[:

Uploaded with derivativeFX