Costs in the Short Run!!

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Across
  1. 3. if the ATC is decreasing the MC lies ______
  2. 6. cost per unit
  3. 8. cost of producing the next
  4. 11. labor is usually this input
  5. 12. I'm really good at this job; MC decreases
  6. 14. The LTATC curve is made up of these
  7. 15. economic profit includes this cost
  8. 17. TC/Q
  9. 18. mc must cross the ATC here
  10. 20. what I'm paying you
Down
  1. 1. Fixed cost is
  2. 2. the LRATC is ___________ in economies of scale
  3. 4. my production is sub standard
  4. 5. if TR is greater than TC; earning a
  5. 7. FC/Q
  6. 9. this profit only cares about money
  7. 10. difference between variable and total
  8. 13. land etc.
  9. 14. if price is below this it will shut down
  10. 16. can't get any better than this crossword
  11. 19. maximize profit where MC =