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the total varible cost is inverted S because The varible cost increases t n decreasing rte in the starting stages then increases t n increasing rte due to law of variable proportions

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Explain how the diminishing returns influences the shape of the variable cost and total cost curves?

how diminishing returns influences the shapes of the variable-cost and total-cost curves


What is a density curve?

A density curve is a graphical representation of the distribution of a continuous random variable, illustrating how probabilities are distributed across different values. It shows the shape of the data and ensures that the total area under the curve equals one, reflecting the total probability. The area under the curve between two points indicates the probability of the variable falling within that range. Density curves can take various shapes, such as normal, uniform, or skewed, depending on the underlying data distribution.


What is the shape of marginal revenue curve if the total revenue curve have concave shape?

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Describe the influences on the shape of the short run total cost average cost and marginal cost curves in a firm?

The shape of the short-run total cost (TC), average cost (AC), and marginal cost (MC) curves in a firm is influenced by the law of diminishing marginal returns, which occurs when adding more of a variable input (like labor) to a fixed input (like machinery) leads to smaller increases in output. Initially, costs may decrease as production increases due to efficiencies, but eventually, costs rise as additional inputs yield less output. Fixed costs shape the AC curve, while variable costs influence both AC and MC curves. The interplay of these factors creates U-shaped curves for AC and MC, reflecting the initial decline and subsequent rise in costs.


What is the shape of a market demand curve?

Usually market demand curves are downward sloping.

Related Questions

Explain how the diminishing returns influences the shape of the variable cost and total cost curves?

how diminishing returns influences the shapes of the variable-cost and total-cost curves


What does translation mean when its used in math?

Translation is a slide basically. If you are discussing the translation of a shape, usually the shape has been moved to the side, but not rotated, or inverse. This has always been the simplest for me to explain.


Is amoeba a variable shape cell?

yes amoeba is a variable shape cell


What is a liquid's variable?

a variable of liquids.


Could you describe the shape of the graph of an inverse relationship as hyperbolic?

no you cant


What is general shape of a graph of an inverse variation relationship?

Cartestian plane


Does a liquid have a shape variable?

yes it does


What physical state is described as having a variable shape and variable volume?

This is a gas.


What is the physical state that retains a definite shape but a variable shape?

Liquid


The inverse of ''U'' shape?

The obvious use of "U shape" in geology is with reference to glacial valleys which characteristically have very steep sides and flat bottoms and so are described as "U shaped". In contrast valleys formed by rivers are typically V shaped. . answer 2 In stratigraphy, where the strata are folded, a u-shaped fold would be known as a syncline. The inverse of this, where the fold resembles an n, is an anticline.


What physical state is described as having a variable shape and compresses negligible?

Of the three states of matter the one with a variable shape and does not easliy compress is a liquid


You are planning an experiment to find out whether the rate at which water freezes depends on the shape of its container What is the manipulated variable and what is the responding variable?

The manipulated variable is what you change (the shape of the container) The responding variable is the result (the temperature at which the water in the container freezes). (Don't forget the time factor!)