北京大学：《中级微观经济学》课程教学资源（PPT课件讲稿，英文版）Chapter Nineteen Profit-Maximization

Short-Run profit-Maximization y Increasing 邱 II≡I ≡I y=f(x1,x2) Slopes=+ p

Short-Run Profit-Maximization x1 Slopes w p = + 1 y y = f(x ,x ~ ) 1 2         

Short-Run profit-Maximization y ∏ y o Slopes=+ X

Short-Run Profit-Maximization x1 y          Slopes w p = + 1 x1 * y *

Short-Run profit-maximization Given p, W, and X2= X2, the short-run y profit-maximizing plan is(X1, X2,y I≡ y o Slopes=+ X

Short-Run Profit-Maximization x1 y Slopes w p = + 1 Given p, w1 and the short-run profit-maximizing plan is    x1 * y * x2  x2 ~ , ( , ~ , ). * * x1 x2 y

Short-Run profit-maximization Given p, W, and x2=X2, the short-run y profit-maximizing plan is(X1, X2,y And the maximum II≡ possible profit IS II y o Slopes=+ X

Short-Run Profit-Maximization x1 y Slopes w p = + 1 Given p, w1 and the short-run profit-maximizing plan is And the maximum possible profit is x2  x2 ~ , ( , ~ , ). * * x1 x2 y  .    x1 * y *

Short-Run profit-Maximization At the short-run profit-maximizing plan, yI the slopes of the short-run production function and the maximal I≡ iso-profit line are equal y o Slopes=+ X

Short-Run Profit-Maximization x1 y Slopes w p = + 1 At the short-run profit-maximizing plan, the slopes of the short-run production function and the maximal iso-profit line are equal.    x1 * y *