Graphically Show a Firm Earning a Profit; Shade the Appropriate

question 12

Essay

Graphically show a firm earning a profit; shade the appropriate profit rectangle. Explain how the profit formula represented by the rectangle is analogous to TR − TC.

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Definitions:

Method

A systematic way of doing something, often involving a detailed series of steps or procedures.

Pathogens

Microorganisms that cause disease in humans and other living hosts.

Immunity

The body's ability to resist or eliminate potentially harmful foreign materials or abnormal cells, including pathogens and cancer cells.

Disease

A disorder of structure or function in a human, animal, or plant, especially one that produces specific signs or symptoms or that affects a specific location and is not simply a direct result of physical injury.