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the current is continuosly changing in a uniform manner alternatively increasing and decreasing.
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True or false. The U shape of the long-run ATC curve is the result of diminishing returns?
False
What is modern theory of cost of production?
the traditional theory explains cost curve u shape, but in modern theory says that cost curve L shape
What is the shape of demand curve in perfect competition?
The demand curve in a perfectly competitive market is U-shaped owing to the fact that as the economies of scale take effect average costs begin to lower down. Finally though, the diseconomies of scales take effect too thereby causing the average costs to go up hence creating a u-shape for the demand curve.
Why doe the marginal cost curve go through the lawest point of average cost curve?
as the total average cost is U shape the MC will intersect with U shape at lowest point to indicate the break even point where the company does not make neither profit nor loss. and this minimum point is known as the efficient scale that minimize the losses but does not maximize profit
Why long run average cost curve is U shape?
In long run non of the factors are fixed,long run average cost is the locus of envelope point of various SATC's. The operation of law of returns to scale is major reason for the U shaped of LAC.
Why is the cost curve U shape?
because sophie went to Nigeria
True or false. The U shape of the long-run ATC curve is the result of diminishing returns?
False
What is modern theory of cost of production?
the traditional theory explains cost curve u shape, but in modern theory says that cost curve L shape
What is the shape of demand curve in perfect competition?
The demand curve in a perfectly competitive market is U-shaped owing to the fact that as the economies of scale take effect average costs begin to lower down. Finally though, the diseconomies of scales take effect too thereby causing the average costs to go up hence creating a u-shape for the demand curve.
Relationship between fixed cost average cost and marginal cost with graph?
Fixed costs do not change with production level, so they are represented by a horizontal line on a graph. Average cost decreases as production increases due to spreading fixed costs over more units, then increases as marginal cost (the cost of producing one more unit) exceeds average cost. Marginal cost intersects average cost at its minimum point, where average cost is at its lowest.
Why doe the marginal cost curve go through the lawest point of average cost curve?
as the total average cost is U shape the MC will intersect with U shape at lowest point to indicate the break even point where the company does not make neither profit nor loss. and this minimum point is known as the efficient scale that minimize the losses but does not maximize profit
Explain how a fjord is formed?
The fjords are surrounded by rugged mountains. We can find them on the shoreline in Labrador. They are formed by glaciers that sculpted the valley's from a <<v>> shape to a <<u>> shape.
What is the strength of the quaternary?
In physics and geometry, the catenary is the theoretical shape a hanging chain or cable will assume when supported at its ends and acted on only by its own weight. The curve is a hyperbolic cosine which has a U-like shape, similar in appearance to a parabola.
How do you sketch the equation x4-8x2 8?
You need to determine what domain to sketch it over. Then select a number of points (values for x) in that domain and calculate the corresponding values for y = the function. Mark these points on the coordinate plane and join them together with a smooth curve. The curve will resemble a U shape with the arms of the U leaning outwards.
How do you get easy AC on adventure quest worlds?
u can buy the ac or goto ballyhoo u got 25% lucky for it to got ac
Why do currents and winds curve?
no u did not anser my qustion
When does a curve become a turn?
when u lick my balls
