If the marginal (per unit) consumption goes down, then the average consumption will also go down because the average is a function of each unit's individual value.
In other words, if the marginal perpensity to consume for the past 3 months was .2 each month, and for the next month it went down to .1, then your average would be:
Month 1 Avg = .2
Month 2 Avg = .2 (.2+.2/2)
Month 3 Avg = .2 (.2+.2+.2/3)
Month 4 Avg = .175 (.2+.2+.2+.1/4)
The cost curves best tells us the relationship between the marginal cost and average total cost. The average fixed cost (AFC) curve will decline as additional units are produced, and continue to decline.
What it comes down to is too many workers, not enough resources for them all to use at the same time to be productive, thus resulting in the decline of production.
The average fixed cost curve is negatively sloped. Average fixed cost is relatively high at small quantities of output, then declines as production increases. The more production increases, the more average fixed cost declines. The reason behind this perpetual decline is that a given FIXED cost is spread over an increasingly larger quantity of output.
long-run average cost continues to decline as quantity of output increases.cha cha cha
Sometimes the managers of the firm may be more interested in their own gain, for example if the firm will maximise profits at 1000 units, anything produced after that has a higher Marginal cost than it does Marginal Revenue, profit wil start to decline. however managers may still aim to sell more than the 1000 if they are receiving a bonus for the amount of sales, they may choose to maximise sales rather than profits
yes it is
The cost curves best tells us the relationship between the marginal cost and average total cost. The average fixed cost (AFC) curve will decline as additional units are produced, and continue to decline.
Metal consumption declined by 12 percent in 2001 and by another 10 percent in 2002.
U.S. consumption of molybdenum in steel applications dropped about 10 percent in 1998
a drop in reserves.
Impossible to say, will vary from vehicle to vehicle.
It already has started declining, that's why the price has collapsed.
Productivity is the average amount of produce per unit area.Data on input per unit area,energy consumption,cost per unit area,etc.are used to calculate productivity.
What it comes down to is too many workers, not enough resources for them all to use at the same time to be productive, thus resulting in the decline of production.
it increased over the years, except for one significant period of decline in the mid- 1970s and another decline from the late 1970s into the 1980s.
0.04-0.06
Although habitat loss is a major cause of wildlife decline, the most immediate threat to and around the world is the illegal trade and consumption of "bushmeat".