total variable cost
total fixed cost
Horizontal curve is a curve viewed in the x and y plane, while a vertical curve is viewed in the y plane only, or viewed from the side. Think of it like a cake. the top is the horizontal and the front is the vertical
speed
a linear curve does not represent x^2
Both curves plot the relationship between X, in this case a good, and something when income varies. However there's different variables on the vertical axis. The ICC has a composite good on the vertical axis while the Engel curve has income on the vertical axis.
The slope of the curve at each point on thegraph is the speed at that point in time. (Not velocity.)
An Allen curve is a graphical representation which reveals the exponential drop in frequency of communication between engineers as the distance between them increases.
the demand curve for a good is very unlikely to be perfectly vertical because
The money supply curve is assumed to be vertical by many textbooks based on the belief that the supply of money is unaffected by the changes in interest rates.
The variable plotted along the vertical axis is the distance in the first case, speed in the second. The gradient of (the tangent to) the distance-time graph is the speed while the area under the curve of the speed-time graph is the distance.
The distance between the middle and the inflection point is the standard deviation.
AVC=AC-AFC,the AVC curve is simply the vertical difference between the AC and AFC curve, AFC gets less, the gap between AVC andAC narrows.since all marginal costs are variable ,the same relationship holds between MC and AVC as it did between MC and AC ,that is ,when MC is less than AVC ,it must be falling, if MC is greater than AVC .it must be rising, so ,as with the AC curve ,the MC curve crosses the AVC curve at its minimum point
Actual distance traveled refers to the total distance covered between two points, taking into account any curves, turns, or detours in the route. Straight line distance, on the other hand, is the shortest distance between two points, ignoring any obstacles or changes in direction that may affect the path taken.