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Why does the marginal cost curve correspond to the supply curve?
A perfectly competitive firm's supply curve is that portion of its' marginal cost curve that lies above the minimum of the average variable cost curve. A perfectly competitive firm maximizes profit by producing the quantity of output that equates price and marginal cost. As such, the firm moves along it's marginal cost curve in response to alternative prices. Because the marginal cost curve is positively sloped due to the law of diminishing marginal returns, the firm's supply curve is also positively sloped.
A Is the market supply curve for a product more or less price elastic than the supply curve of one of the firms in the market Why?
The market supply curve of a product is more price elastic than the supply curve of one of the firms in the market. The reason is that for any given price change, the market quantity response reflects the change in output of all the firms in the market.
Why would you expect firms that set price to do so in the elastic portion of their demand curve?
I'm having trouble finding a descent response
Quantity demanded moves along the demand curve in response to changein?
Quantity demanded moves along the demand curve in response to changes in the price of the good or service. When the price decreases, the quantity demanded typically increases, and when the price increases, the quantity demanded usually decreases. This relationship is described by the law of demand, which illustrates how consumers adjust their purchasing behavior based on price fluctuations. Other factors, such as consumer preferences or income, can shift the entire demand curve but do not affect quantity demanded directly.
What is the long run aggregate supply curve?
The graphical relationship between RGDP and price level after input prices have been allowed to adjust in response to changes in output prices.
How can one determine the concentration of a sample using a calibration curve?
To determine the concentration of a sample using a calibration curve, you first need to measure the response of known standard samples with known concentrations. Then, plot a calibration curve by graphing the response against the concentration. Finally, measure the response of the unknown sample and use the calibration curve to determine its concentration by finding where its response falls on the curve.
What is the curve that you see at the liquid's surface?
The meniscus is the curve at the liquid's surface. It is produced in response to the surface of the container or another object.
What kind of does response curve indicates there is no safe does of radiation?
non-threshold
How can I create a reliable GC calibration curve for accurate analysis of my samples?
To create a reliable GC calibration curve for accurate analysis of your samples, you should start by preparing a series of standard solutions with known concentrations of the target analyte. Inject these standard solutions into the GC instrument and record the detector response for each concentration. Plot the detector response against the concentration to create a calibration curve. Ensure that the curve is linear and passes through the origin. Use this calibration curve to quantify the concentration of the analyte in your samples by comparing their detector responses to the curve. Regularly check and update the calibration curve to maintain accuracy and reliability in your analysis.
What is the purpose of determining frequency response?
frequency response curve helps us to find the bandwidth of particular amplifier circuit. Bandwidth is the range of frequency at which the amplifier works better....
What is a resonance curve?
A resonance curve is a graph that shows the relationship between the amplitude of a system's response and the frequency of an applied periodic force. It typically exhibits a peak at the system's resonant frequency, which is when the system's response is maximized. Resonance curves are commonly used in physics and engineering to analyze the behavior of oscillating systems.
Why does the marginal cost curve correspond to the supply curve?
A perfectly competitive firm's supply curve is that portion of its' marginal cost curve that lies above the minimum of the average variable cost curve. A perfectly competitive firm maximizes profit by producing the quantity of output that equates price and marginal cost. As such, the firm moves along it's marginal cost curve in response to alternative prices. Because the marginal cost curve is positively sloped due to the law of diminishing marginal returns, the firm's supply curve is also positively sloped.
What is -3db bandwidth?
Bandwidth is typically measured from the two -3dB points on each end of the response curve. You find the two points where the response is -3dB (half power) and measure the distance between them. That is your bandwidth.
A Is the market supply curve for a product more or less price elastic than the supply curve of one of the firms in the market Why?
The market supply curve of a product is more price elastic than the supply curve of one of the firms in the market. The reason is that for any given price change, the market quantity response reflects the change in output of all the firms in the market.
Why would you expect firms that set price to do so in the elastic portion of their demand curve?
I'm having trouble finding a descent response
What is the relationship between caffeine dose and its physiological effects as depicted in the caffeine dose response curve?
The relationship between caffeine dose and its physiological effects is shown in the caffeine dose response curve. This curve illustrates how increasing doses of caffeine lead to a corresponding increase in physiological effects, such as alertness and heart rate. However, there is a point where further increases in caffeine dose do not result in additional benefits and may even lead to negative side effects.
What is meant by a frequency response curve of an acceptor circuit?
A frequency response curve of an acceptor circuit illustrates how the circuit's output amplitude varies with different input frequencies. It typically shows the gain or attenuation of the circuit across a range of frequencies, highlighting its behavior at resonance and in the passband. This curve helps in understanding the circuit's performance, including bandwidth, cutoff frequencies, and how effectively it accepts or rejects signals at various frequencies. Overall, it is a crucial tool for assessing the circuit's filtering characteristics.
