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
Most demand curves exhibit a negative slope because as the price of a good or service decreases, the quantity demanded by consumers typically increases. This inverse relationship between price and quantity demanded is known as the law of demand.
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.
Curves and levels are both tools used in data analysis and visualization, but they serve different purposes. Curves are used to show the relationship between two variables, typically by plotting one variable against the other on a graph. Levels, on the other hand, are used to represent the magnitude or intensity of a single variable across different categories or groups. In essence, curves show the relationship between variables, while levels show the distribution or variation of a single variable.
it is normally in the age above 14
Cassandra curves, also known as Cassandra's curve or the relationship between a variable's cost and its output in economics, typically refer to the graphical representation of the trade-offs in production or resource allocation. However, if you are referring to a specific context or a different interpretation of "Cassandra curves," please provide more details for a precise answer.
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