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 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.
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 are three stages of production mp>ap
the aggregate demand and aggregate supply curves.
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.
Relationship between Lorenz curve and Gini coefficient is the more the Lorenz line curves away from the line of equality, the greater the degree of inequality represented.
Two curves which intersect at right angles, ( the angle between the two tangents to the curve) curves at the point of intersection are called orthogonal trajectories. The product of the slopes of the two tangents is -1.
it is normally in the age above 14
Concave curves in (like a cave) = ) and convex curves out = (
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.
go ahead. Keep cheapening what a beautiful thing a committed relationship can be
there are three stages of production mp>ap
There is no connection between the given curves because when they are combined into a single quadratic equation the discriminant of the equation is less than zero which means they share no valid roots.
Is used to study the relationship between or among variables, for example, the relationship of household income to product sales. It can be used to determine how increases in household income affect sales volume. If management wants to study the relationship between sales, and income, interest rates, and education, they would use Multiple Regression Analysis, Correlation Analysis refers to the study of how strong or accurate a relationship is, as well as such technical factors as measurement fit, deviation, and error. It often is used by companies to study demand, pricing, supply and cost curves.