The type of relationship that you postulate between short-run and long-run average cost curves that is not U shaped is the external limiting relationship.
what kind of relationship would you postulate between short run and long run average cost curves when these are not u shaped as suggested by the modern theories.
what kind of relationship would you postulate between short run and long run average cost curves when these are not u shaped as suggested by the modern theories.
shlooms are unrecognized shaped that made of curves ..
it is a fish ok whoever said it is a fish is an idiot i have scoliosis and had surgery for it! s shaped is where u have 2 curves in your back i have 2 curves. c shaped is just 1 curve.
What are some of the reasons that both technology improvement and technology diffusion exhibit s-shaped curves
The family of short-run cost curves consisting of average total cost, average variable cost, and marginal cost, all of which have U-shapes. Each is U-shaped because it begins with relatively high but falling cost for small quantities of output, reaches a minimum value, then has rising cost at large quantities of output. Although the average fixed cost curve is not U-shaped, it is occasionally included with the other three just for sake of completeness.
The family of short-run cost curves consisting of average total cost, average variable cost, and marginal cost, all of which have U-shapes. Each is U-shaped because it begins with relatively high but falling cost for small quantities of output, reaches a minimum value, then has rising cost at large quantities of output. Although the average fixed cost curve is not U-shaped, it is occasionally included with the other three just for sake of completeness.
how diminishing returns influences the shapes of the variable-cost and total-cost curves
Serpentine means it is shaped like a snake, it curves from side to side.
abotic
density-dependent factor