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Chapter 21 - "Pure Competition"

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	Date/Time	Made By	Edit Note	Type	Scope
	Jan 19 2009, 1:17 PM EST	JoshAppleton		edit	2 words added
Change: Many substitutesDemand as Seen by a Purely Competitive SellerPerfectly Elastic DemandAverage, Total and Marginal RevenueProfit Maximization in the Short-run: TR/TC ApproachProfit Maximization in Short-run: MR/MC ApproachProfit-maximizing caseLoss-minimizing caseShut-down caseMC and Short-run SupplyProfit-Maximization in the Long-runAssumptionsLong-run EquilibriumEntry View changes from previous version. (Word count: 128)
	Nov 18 2007, 6:04 AM EST	Robert.Wang		edit	1 word added 1 word deleted
Change: Shotr-run:Short-run: MR/MC ApproachProfit-maximizing caseLoss-minimizing caseShut-down caseMC and Short-run SupplyProfit-Maximization in the Long-runAssumptionsLong-run EquilibriumEntry eliminates economic profitsExit eliminates lossesLong-run Supply for a constand cost industryLR supply for an increasing cost industryLR supply for a decreasing-cost industryPure View changes from previous version. (Word count: 126)
	Oct 21 2007, 7:26 AM EDT	welkerjason		edit	1 widget added
Change: There were only format changes (bold, italics, etc.) in this version. See this version for details. (Word count: 126)
	Oct 20 2007, 11:25 PM EDT	welkerjason		edit	113 words added
Change: Demand as Seen by a Purely Competitive SellerPerfectly Elastic DemandAverage, Total and Marginal RevenueProfit Maximization in the Short-run: TR/TC ApproachProfit Maximization in Shotr-run: MR/MC ApproachProfit-maximizing caseLoss-minimizing caseShut-down caseMC and Short-run SupplyProfit-Maximization in the Long-runAssumptionsLong-run EquilibriumEntry eliminates economic profits View changes from previous version. (Word count: 126)
	Sep 25 2007, 10:11 PM EDT	welkerjason		create	No content added or deleted.
Change: Created by welkerjason Sep 25 2007, 10:11 PM EDT for: no reason given

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