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Tags
#cfa-level-1 #economics #has-images #microeconomics #reading-15-demand-and-supply-analysis-the-firm #section-3-analysis-of-revenue-costs-and-profit #study-session-4
Question
This shows the cost curves relationship in the short run. (In the long run, the firm will have different ATC, AVC, and AFC cost curves when [...])
Answer
all inputs are variable
including technology, plant size, and physical capital.
including technology, plant size, and physical capital.
Tags
#cfa-level-1 #economics #has-images #microeconomics #reading-15-demand-and-supply-analysis-the-firm #section-3-analysis-of-revenue-costs-and-profit #study-session-4
Question
This shows the cost curves relationship in the short run. (In the long run, the firm will have different ATC, AVC, and AFC cost curves when [...])
Answer
?
Tags
#cfa-level-1 #economics #has-images #microeconomics #reading-15-demand-and-supply-analysis-the-firm #section-3-analysis-of-revenue-costs-and-profit #study-session-4
Question
This shows the cost curves relationship in the short run. (In the long run, the firm will have different ATC, AVC, and AFC cost curves when [...])
Answer
all inputs are variable
including technology, plant size, and physical capital.
including technology, plant size, and physical capital.
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Open it
This shows the cost curve relationships among ATC, AVC, and AFC in the short run. (In the long run, the firm will have different ATC, AVC, and AFC cost curves when all inputs are variable, including technology, plant size, and physical capital.) The difference between ATC and AVC at any output quantity is the amount of AFC. For example, at Q 1 the distance between ATC a
Open it
This shows the cost curve relationships among ATC, AVC, and AFC in the short run. (In the long run, the firm will have different ATC, AVC, and AFC cost curves when all inputs are variable, including technology, plant size, and physical capital.) The difference between ATC and AVC at any output quantity is the amount of AFC. For example, at Q 1 the distance between ATC a
Summary
| status | not learned | measured difficulty | 37% [default] | last interval [days] | |||
|---|---|---|---|---|---|---|---|
| repetition number in this series | 0 | memorised on | scheduled repetition | ||||
| scheduled repetition interval | last repetition or drill |
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