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Please label your graphs axes correctly. Label all curves and shade properly Supply and Demand, show an elastic, inelastic, perfectly elastic, and perfectly inelastic Demand     Price ceiling in effect and what it causes in terms of quantity and surplus or shortage, dead weight loss   Perfectly Competitive firm showing profit, MC, ATC, Demand   Perfectly Competitive firm in shutdown      Side by side graphs, market and PC, showing the transition from losses to long-run  Monopoly graph, show the following: Where demand is elastic where they maximize total revenue, Socially optimal price, productively efficient profit, Consumer surplus deadweight loss producer surplus 7. Factor Market- side by side graphs with a labor market  8. Monopolistic competition in the long-run    9. Economies of scale, diseconomies of scale 10.Trade graph, showing free trade and showing the tariff.  Label and shade DWL  Consumer/Producer surplus on both deadweight loss tax revenue  14. Negative externality in consumption, neg externality in production 15. Positive externality in consumption, positive externality in production

Please label your graphs axes correctly. Label all curves and shade properly Supply and Demand, show an elastic, inelastic, perfectly elastic, and perfectly inelastic Demand     Price ceiling in effect and what it causes in terms of quantity and surplus or shortage, dead weight loss   Perfectly Competitive firm showing profit, MC, ATC, Demand   Perfectly Competitive firm in shutdown      Side by side graphs, market and PC, showing the transition from losses to long-run  Monopoly graph, show the following: Where demand is elastic where they maximize total revenue, Socially optimal price, productively efficient profit, Consumer surplus deadweight loss producer surplus 7. Factor Market- side by side graphs with a labor market  8. Monopolistic competition in the long-run    9. Economies of scale, diseconomies of scale 10.Trade graph, showing free trade and showing the tariff.  Label and shade DWL  Consumer/Producer surplus on both deadweight loss tax revenue  14. Negative externality in consumption, neg externality in production 15. Positive externality in consumption, positive externality in production

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Please label your graphs axes correctly. Label all curves and shade properly

  1. Supply and Demand, show an elastic, inelastic, perfectly elastic, and perfectly inelastic Demand    
  2. Price ceiling in effect and what it causes in terms of quantity and surplus or shortage, dead weight loss  
  3. Perfectly Competitive firm showing profit, MC, ATC, Demand  
  4. Perfectly Competitive firm in shutdown     
  5. Side by side graphs, market and PC, showing the transition from losses to long-run 
  6. Monopoly graph, show the following: Where demand is elastic where they maximize total revenue, Socially optimal price, productively efficient profit, Consumer surplus deadweight loss producer surplus

7. Factor Market- side by side graphs with a labor market 

8. Monopolistic competition in the long-run   

9. Economies of scale, diseconomies of scale

10.Trade graph, showing free trade and showing the tariff.  Label and shade DWL 

Consumer/Producer surplus on both deadweight loss tax revenue 

14. Negative externality in consumption, neg externality in production

15. Positive externality in consumption, positive externality in production  

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