Names:  ______________________     ______________________

               ______________________     ______________________
 
Changes in price and marginal revenue: For each announced price, complete the following table:

		Total value diagram				Unit value diagram
	Price	Profit    (>,<,=) 0?	How can   you tell?	Operate or   shut down?	How can   you tell?	Profit    (>,<,=) 0?	How can   you tell?	Operate or   shut down?	How can   you tell?
1.
2.
3.
4.
5.
6.

 
Changes in costs:
For each cost change, indicate whether each of the following rises (+), falls (-), or remains the same (0):

	TVC	TC	MC	AVC	ATC	Q*	Profit
Fixed cost rises
Variable cost rises