11: Module- Perfect Competition Last updated Aug 7, 2020 Save as PDF 10.21: Outcome- Marginal, Average, and Total Cost 11.1: Reading- Profits and Losses with the Average Cost Curve Page ID249213 ( \newcommand{\kernel}{\mathrm{null}\,}\) 11.1: Reading- Profits and Losses with the Average Cost Curve11.2: Simulation- Maximizing Profit11.3: Outcome- The Shutdown Point11.4: Reading- The Shutdown Point11.5: Outcome- Entry and Exit Decisions11.6: Reading- Entry and Exit Decisions in the Long Run11.7: Outcome- Efficiency in Perfectly Competitive Markets11.8: Reading- Efficiency in Perfectly Competitive Markets11.9: Putting It Together- Perfect Competition11.10: Glossary- Perfect Competition11.11: Why It Matters- Perfect Competition11.12: Outcome- Defining Perfect Competition11.13: Reading- Perfect Competition11.14: Outcome- Perfectly Competitive Firms and Industries11.15: Reading- Perfect Competition- A Model11.16: Reading- Price and Revenue in a Perfectly Competitive Industry and Firm11.17: Outcome- Costs and Revenue in a Perfectly Competitive Market11.18: Reading- How Perfectly Competitive Firms Make Output Decisions11.19: Outcome- Profit and Losses in a Perfectly Competitive Market