Micro economics help

>>1933678
>>1933675
Buy low, sell high

>>1933675
Buy some knee pads.

>>1933675
Easy OP
You need to buy milocoin

It's been like 18 years, but generally the best point in all models is MC=MR. I'm guessing the short term and long term depends on what those parabolic lines are, there's no key and I forgot exactly how short term and long term costs are positioned in relation, but I'm guessing long term is the lowest one. So if top line is demand and bottom line is MR than price and quantity would be where those meet, profit would be difference in price between demand and MR lines times the quantity at equilibrium, they're acting in the long term and if this is perfect competition the equilibrium would be where long term costs hits demand.

I'm likely totally wrong, just drinking and winging it. I actually have an economics degree but this shit is a wasting skill.

By 'where those meet' I mean MR line and long term MC, the lower parabola.

Fuck econ you need to study English.

>>1934366
>>1934370
So like 5.3, 165, long, 330 and for perfect like 4.8, 200, short, 0 (of course).

Once again though, 18 year old memories and no textbook. Read your fucking textbook!

I just had my test on this >>1934384

>>1934436
So how wrong am I?