Topics to be Discussed a Perfectly Competitive Markets ■ Profit maximization a Marginal Revenue, Marginal Cost, and Profit maximization a Choosing Output in the Short-Run Chapter 8 Slide 2Chapter 8 Slide 2 Topics to be Discussed ◼ Perfectly Competitive Markets ◼ Profit Maximization ◼ Marginal Revenue, Marginal Cost, and Profit Maximization ◼ Choosing Output in the Short-Run