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Another term for the long-run average cost curve (LRAC). Using the name planning curve indicates that the long-run average cost curve is used to "making plans" especially concerning the desired scale of operations of a firm.
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∙ 10y ago
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Why is the long run average cost curve known as the envelope curve or planning curve?
Long run average cost curve is known as envelope curve because it is formed by enveloping the short run average cost curves and it helps the entrepreneur in long term planning that is why it is also called planning curve.
What is S-curve in primavera?
Curve that represents the curve between cost vs time or resources vs time in primavera planning software... Since it looks like "s" its called s-curve...
Why is long run average cost curve known as the planning curve?
The long run average cost curve will help the company plan for product differentiation. With knowledge of a particular cost curve, the company can plan complement products to make up for deficits in profit margins.
Difference between learning curve and experience curve?
difference between leaning curve and experience curve
What is difference between individual supply curve and market supply curve?
The difference between individual supply curve and the market supply curve is tat individual supply curve is like a firm. To be able to get the market supply curve you have to have the individual supply curve.
Why is the long run average cost curve known as the envelope curve or planning curve?
Long run average cost curve is known as envelope curve because it is formed by enveloping the short run average cost curves and it helps the entrepreneur in long term planning that is why it is also called planning curve.
What is S-curve in primavera?
Curve that represents the curve between cost vs time or resources vs time in primavera planning software... Since it looks like "s" its called s-curve...
What is a project pain curve?
The pain curve tell that proper planning is painful but pays off in less pain later in the project. whereas absence of planning in the start exposing to pain which gradually increases & may reach unbearable levels.
Why is long run average cost curve known as the planning curve?
The long run average cost curve will help the company plan for product differentiation. With knowledge of a particular cost curve, the company can plan complement products to make up for deficits in profit margins.
What has the author E B Cochran written?
E. B. Cochran has written: 'Planning production costs: using the improvement curve'
How the sine curve related to a curve?
Basically, it IS a curve.
What is the c curve and d curve in MCB?
c curve & d curve mcb difference
What is Difference between simple curve and simple closed curve?
simple curve is a curve which doesnot cross itself,it neednot be closed....... but a simple closed curve is a curve which is simple and also closed. every simple closed curve is a simple curve but not vice versa.
What is the difference between a heating curve and a cooling curve?
heating curve is hotter than the cooling curve
Difference between learning curve and experience curve?
difference between leaning curve and experience curve
What is the correct curve for a suspension bridge?
learning curve learning curve
Are latitude and longitude lines curve or straight?
They curve with the curve of the Earth.
