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Best Economics graph ever!
15th April 2011
Well, it is in the opinion of my students anyway, and they lay down a challenge to other schools to beat it!
We decided on perfect competition normal profit, because we didn’t quite have enough students to try something a bit more ambitious, ie subnormal or supernormal profits. But the challenge is there! And since it was done in the main city square around lunchtime, it attracted a good little audience, who unfortunately generally lacked the economics education to see what the students were doing…