Average cost curve is U shape curve drops and then rises at the lowest point, where the output of the least cost and the average total cost increase in output. It began to increase as the average variable costs rise dramatically. 翻译结果5复制译文编辑译文朗读译文返回顶部 ...
a因为他们敢于争取机会 Because they dare to strive for the opportunity[translate] aI miss You come back quickly 我想念您迅速回来[translate] aThe marginal cost curve above the minimum point of its average total cost curve 边际成本曲线在极小的点它的平均总成本曲线之上[translate]...
33.Averagevariablecostisequaltototalvariablecostdividedbyquantityofoutput. ANS:TDIF:2REF:13-3NAT:Analytic LOC:CostsofproductionTOP:Averagevariablecost MSC:Definitional 34.Theaveragetotalcostcurveisunaffectedbydiminishingmarginalproduct. ANS:FDIF:3REF:13-3NAT:Analytic LOC:CostsofproductionTOP:Diminishingmargin...
True or False: If the marginal-cost curve is rising, so is the average-total-cost curve. State True or False and justify your answer: The short-run marginal cost curve passes through the minimum point of the short-run average total cost curve. True or ...
A. The marginal cost curve must have a negative slope. B. The average total cost curve must have a negative slope. C. The marginal cost curve is below the average variable cost curve. D. both (b) and (c) are correct. 相关知识点: ...
Explain the effect of average total costs.Average Total Cost (ATC):The average total cost is the sum of the variable costs and the total fixed costs divided by all the units produced. The average total cost curve is usually U-shaped, with decreases, rises, and the bottom level....
The minimum point on the long-run average total cost curve defines the minimum efficient scale for the firm. 企业的长期平均成本最小时的规模 Specialization efficiencies ((劳动分工,专业化分工会提升效率)) and bargaining power in input price ((企业大量购买原材料时会有折旧)) can lead to economies ...
B.Marginal cost curve above the average total cost curve C.Average total cost curve beyond the point where the marginal cost curve cuts it from below D.Average variable cost curve below the average revenue curve相关知识点: 试题来源: 解析 A Rationale: The supply curve for a perfectly competitiv...
Thisresultsinasupplycurvethatslopesupward.TheFirm’sObjective Theeconomicgoalofthefirmistomaximizeprofits.AFirm’sTotalRevenueandTotalCost TotalRevenue Theamountthatthefirmreceivesforthesaleofitsoutput.TotalCost Theamountthatthefirmpaystobuyinputs.AFirm’sProfit Profitisthefirm’stotalrevenueminusitstotalcost.P...
Note: In Microeconomics, productive efficiency is also the quantity found at the minimum of the average total cost curve (ATC).Any point of production inside the curve is considered inefficient because the economy is not fully utilizing its resources. In macroeconomics, points inside the curve are...