Concept
Version 8
Created by Boundless
Profit
Total Profit Maximization
This linear total revenue curve represents the case in which the firm is a perfect competitor in the goods market, and thus cannot set its own selling price.
Source
Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:
"Profit max total small."
http://commons.wikimedia.org/wiki/File:Profit_max_total_small.svg
Wikimedia
CC BY-SA.