Chapter+23

1. Pure Competition

2. Price Taker

3. MR = MC Rule for Finding Equilibrium Quantity

4. Decreasing-Cost Industry

5. Average Revenue

6. The MC Curve is the Supply Curve for the Individual Firm

7. The Relationship Between Market Supply and the MC Curves of Individual Firms

8. Increasing-Cost Industry

9. Total Revenue and Total Cost Approach to Finding Equilibrium Quantity

10.  Productive-Efficiency in Perfect Competition

11. Allocative-Efficiency in Perfect Competition

12.  Constant-Cost Industry

13.Imperfect Competition

14. Marginal Revenue

15. Break-Even Point