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What else can I help you with?
What do the points on a market supply curve represent?
Each point on a market supply curve denotes basically the same thing. Each point on the curve corresponds to the supply of something, but at a specific or given price.
What do you call the point where the demand curve and the supply curve meet and what does that point tell you?
your mum:D:D:D:D:D hahahahaha
What relationship is shown by a supply curve?
What is shown by a supply curve, is the marginal cost of the company that you are considering, from the point it crosses the average costs function.
What point does average cost curve is at its lowest point?
The average cost curve is at its lowest point when a firm achieves optimal production efficiency, where the average total cost (ATC) per unit of output is minimized. This point typically corresponds to the scale of production where the marginal cost (MC) equals the average cost (AC). At this juncture, the firm is effectively utilizing its resources, and any increase or decrease in production would result in higher average costs. This concept is crucial for firms in determining the most efficient scale of operation.
What happens to marginal cost after the point where it equals average variable cost?
Marginal Cost will keep increasing (have upward slope) because of the principle of diminishing marginal returns. The MC curve above the its intersection with AVC is the Supply Curve *because below minimum AVC, the firms stops production)
Parabola is the point at which the parabola is at its lowest or highest point?
A parabola is NOT a point, it is the whole curve.
What is the lowest point of the curve called?
The lowest point of a curve is called the "minimum." In mathematical terms, it represents the point where the function reaches its lowest value in a given interval. If the curve is part of a larger function, this minimum can be classified as a local minimum (lowest point in a small neighborhood) or a global minimum (lowest point across the entire function).
How do you find the lowest point on a linear graph?
Lines are infinite and so do not have a highest or lowest point. You need to have a curve to have a possible lowest point.
What do the points on a market supply curve represent?
Each point on a market supply curve denotes basically the same thing. Each point on the curve corresponds to the supply of something, but at a specific or given price.
What do you call the point where the demand curve and the supply curve meet and what does that point tell you?
your mum:D:D:D:D:D hahahahaha
What is a maxima in science?
Highest point reached by a curve. Minima is lowest.
What is the bottom most point of a curve called?
The bottom-most point of a curve is called a "local minimum" or "global minimum," depending on whether it is the lowest point in a specific region or the lowest point overall in the entire curve. At this point, the curve changes direction, typically transitioning from decreasing to increasing. In mathematical terms, it occurs where the derivative of the function is zero, and the second derivative is positive.
What relationship is shown by a supply curve?
What is shown by a supply curve, is the marginal cost of the company that you are considering, from the point it crosses the average costs function.
What does a graph of the data points in the supply schedule creates?
A supply curve GRad point samahi cano
What point does average cost curve is at its lowest point?
The average cost curve is at its lowest point when a firm achieves optimal production efficiency, where the average total cost (ATC) per unit of output is minimized. This point typically corresponds to the scale of production where the marginal cost (MC) equals the average cost (AC). At this juncture, the firm is effectively utilizing its resources, and any increase or decrease in production would result in higher average costs. This concept is crucial for firms in determining the most efficient scale of operation.
What happens to marginal cost after the point where it equals average variable cost?
Marginal Cost will keep increasing (have upward slope) because of the principle of diminishing marginal returns. The MC curve above the its intersection with AVC is the Supply Curve *because below minimum AVC, the firms stops production)
What is a movement from one point to another on a fixed supply curve?
Quantity supplied
