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Straight lines that touch but don't intersect a curve?

Tangent to the curve.


Where do equilibrium occurs in economic?

Where the demand curve and supply curve intersect.


What is needed to dertermine the equilibrium of a good or service?

by finding where the supply curve and the demand curve intersect


Why marginal product curve intersect the average product curve at the maximum?

of average product.


Does a normal curve ever intersect the x axis?

No


Lines that arent parallel and dont intersect?

Curve line?


Which most accurately describes how the equilibrium price of a good or a service can be determined?

By finding where the supply curve and the demand curve intersect.


Which the following most accurately describes how the equilibrium prices of a good or service can be determined?

By finding where the supply curve and the demand curve intersect.


At what point does the marginal cost (MC) curve intersect the average variable cost (AVC) curve?

The marginal cost (MC) curve intersects the average variable cost (AVC) curve at the minimum point of the AVC curve.


Can paralell lines curve?

If only one curves, then eventually the curve will intersect with the other line, even if it is way down into infinity ona graph. If both lines curve at the same angles at the same rate however, staying equidistant from each other, they are still parallel and will never intersect.


What are characteristics of an indifference curve?

indifferent curves are convex to their origin, they do not intersect, and have a negative slope


Which of the following most accurately describes how the equilibrium price of a good or service can be determinedAsk us anything?

By finding where the supply curve and the demand curve intersect