There is no connection between the given curves because when they are combined into a single quadratic equation the discriminant of the equation is less than zero which means they share no valid roots.
The type of relationship that you postulate between short-run and long-run average cost curves that is not U shaped is the external limiting relationship.
The product establishes the cost curve or the relationship between costs and outputs. Costs are influenced by the need and function of a certain product.
what kind of relationship would you postulate between short run and long run average cost curves when these are not u shaped as suggested by the modern theories.
what kind of relationship would you postulate between short run and long run average cost curves when these are not u shaped as suggested by the modern theories.
Relationship between Lorenz curve and Gini coefficient is the more the Lorenz line curves away from the line of equality, the greater the degree of inequality represented.
Curves and levels are both tools used in data analysis and visualization, but they serve different purposes. Curves are used to show the relationship between two variables, typically by plotting one variable against the other on a graph. Levels, on the other hand, are used to represent the magnitude or intensity of a single variable across different categories or groups. In essence, curves show the relationship between variables, while levels show the distribution or variation of a single variable.
Cassandra curves, also known as Cassandra's curve or the relationship between a variable's cost and its output in economics, typically refer to the graphical representation of the trade-offs in production or resource allocation. However, if you are referring to a specific context or a different interpretation of "Cassandra curves," please provide more details for a precise answer.
Concave curves in (like a cave) = ) and convex curves out = (
You need two, or more, curves for points of intersection.
The cost curves best tells us the relationship between the marginal cost and average total cost. The average fixed cost (AFC) curve will decline as additional units are produced, and continue to decline.
go ahead. Keep cheapening what a beautiful thing a committed relationship can be
there are three stages of production mp>ap