The cost is the amount of money to produce something or to buy something, while value is the consumer's expectation of the product quality to the actual cost paid for it.
There is a huge relationship between fixed cost and variable cost. These two costs are the opposite of each other.
estimated cost
what is the relationship between long run average cost curve and short run average cost curve?
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 is the relation ship between total fixed cost and output?
Sacrifice and Worth. If it's worth, you will sacrifice. If its sacrifice, it is worth.
There is a huge relationship between fixed cost and variable cost. These two costs are the opposite of each other.
estimated cost
the p-value is used in statistics. It shows how strong the relationship between the variable are. Normally it is between -1 and 1. The closer it is to one the stronger the relationship is. the p-value is used in statistics. It shows how strong the relationship between the variable are. Normally it is between -1 and 1. The closer it is to one the stronger the relationship is.
what is the relationship between long run average cost curve and short run average cost curve?
direct
What is the relation ship between total fixed cost and output?
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.
There is an inverse relationship between value of money and the price level. So if the value of money is low, then the price level is high or if the value of money is high, then the price level is low.
The product establishes the cost curve or the relationship between costs and outputs. Costs are influenced by the need and function of a certain product.
The difference between the Actual Value & Earned Value is the Project Cost Variance
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