It starts off high (because of fixed costs divided by a very small quantity), drops until it reaches a minimum, and then starts to rise again as diseconomies of scale kick in because of higher marginal costs. This creates a "U" shape.
False
yes
An S-shaped curve is called a sigmoid curve. This term is used throughout the mathematical world and in healthcare settings.
the average variable cost curve and average cost curve are u- shaped because of the law of variable proportions.
L shapes cost curvr is a long run cost curve
An S-shaped curve is called a sigmoid curve. This term is used throughout the mathematical world and in healthcare settings.
False
A battleship-shaped curve is a region found in archaeology where it is thought a battleship may once have lain.
yes
A bell shaped probability distribution curve is NOT necessarily a normal distribution.
it is shaped roughly like a bell... a bell curve.
It's true: a curve is a curve. Did you really need me to tell you that?
An "S' curve (on a population chart) reaches its carrying capacity and levels out, while a "J" curve hits its carrying capacity and just continues causing a population explosion and competition for resources.
elipse
it is a continuous random variable,mound or bell shaped curve
bell curve
An S-shaped curve is called a sigmoid curve. This term is used throughout the mathematical world and in healthcare settings.