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What is the relationship between long-run average cost curve and short-run average cost curve?
what is the relationship between long run average cost curve and short run average cost curve?
6 If the average total cost curve is falling what is necessarily true of the marginal cost curve If the average total cost curve is rising what is necessarily true of the marginal cost curve?
When average total cost curve is falling it is necessarily above the marginal cost curve. If the average total cost curve is rising, it is necessarily below the marginal cost curve.
How is a long-run average cost curve different from a short-run average cost curve?
The long-run average cost curve is longer.
Why marginal product curve intersect the average product curve at the maximum?
of average product.
What happens when the slope of the total revenue curve is equal to the slope of the total cost curve?
a. monopoly profit is maximized. b. marginal revenue equals marginal cost. c. the marginal cost curve intersects the total average cost curve. d. the total cost curve is at its minimum. e. Both A and B
What is the c curve and d curve in MCB?
c curve & d curve mcb difference
What is the relationship between long-run average cost curve and short-run average cost curve?
what is the relationship between long run average cost curve and short run average cost curve?
6 If the average total cost curve is falling what is necessarily true of the marginal cost curve If the average total cost curve is rising what is necessarily true of the marginal cost curve?
When average total cost curve is falling it is necessarily above the marginal cost curve. If the average total cost curve is rising, it is necessarily below the marginal cost curve.
How is a long-run average cost curve different from a short-run average cost curve?
The long-run average cost curve is longer.
Why marginal product curve intersect the average product curve at the maximum?
of average product.
Heat and cooling curve of pure water?
the heating curve is circa 20-30 C, while the cooling curve is circa 0 C
What happens when the slope of the total revenue curve is equal to the slope of the total cost curve?
a. monopoly profit is maximized. b. marginal revenue equals marginal cost. c. the marginal cost curve intersects the total average cost curve. d. the total cost curve is at its minimum. e. Both A and B
What is the average cost of salon owners renting space in a salon?
that's a wiered question
What is is the average cost for getting a perm in a salon?
I think it costs about $70 to get a perm in a salon.
What happens to a sine curve if a negative constant c is added to the variable x?
The curve is shifted to the right by c.
Why is the long run average cost curve known as the envelope curve or planning curve?
Long run average cost curve is known as envelope curve because it is formed by enveloping the short run average cost curves and it helps the entrepreneur in long term planning that is why it is also called planning curve.
What is Another name for firms demand curve?
Average revenue curve
