Perfect Competition Calculator

Demand Intercept:

Demand Slope (negative):

Supply Intercept:

Supply Slope (positive):

Marginal Cost ($):

Average Total Cost ($):

Fixed Cost ($):

Number of Firms in Market:

Market Equilibrium Price: $0.00

Market Equilibrium Quantity: 0 units

Firm Output (per firm): 0 units

Firm Profit (per firm): $0.00

Total Consumer Surplus: $0.00

Total Producer Surplus: $0.00

Market Efficiency: 100%

Characteristics: Many buyers and sellers, homogeneous products, perfect information, free entry/exit.

Price Taking: Individual firms are price takers and face perfectly elastic demand.

Profit Maximization: Firms produce where P = MC (marginal cost).

Long-Run Equilibrium: Economic profits are zero as P = ATC (average total cost).

Market Efficiency: Perfect competition achieves allocative and productive efficiency.

Welfare Maximization: Total surplus (consumer + producer) is maximized with no deadweight loss.