average cost curveの例文

• The relevant range of product demand is where the average cost curve is below the demand curve.
• This lack of consequences can lead to poor decisions and cause an upward-sloping average cost curve.
• The shape of the long-run marginal and average costs curves is determined by returns to scale.
• The long-run marginal cost curve intersects the long-run average cost curve at the minimum point of the latter.
• By average cost pricing, the price and quantity are determined by the intersection of the average cost curve and the demand curve.
• AVC is the Average Variable Cost, AFC the Average Fixed Cost, MC the marginal cost crossing the minimum of the Average Cost curve.
• Because the production function determines the variable cost function it necessarily determines the shape and properties of marginal cost curve and the average cost curves.
• Thus in the long run the demand curve will be tangential to the long run average cost curve at a point to the left of its minimum.
• Graphically, the expansion of output beyond the natural limit can be seen as a shift of production volume above the optimum quantity on the average cost curve.
• Thus the firm's long-run supply curve is the long run marginal cost curve above the minimum point of the long run average cost curve.
• Basic : For each quantity of output there is one cost minimizing level of capital and a unique short run average cost curve associated with producing the given quantity.
• For suppose a particular firm with the illustrated long-run average cost curve is faced with the market price " P " indicated in the upper graph.
• The typical long-run average cost curve is U-shaped, by definition reflecting increasing returns to scale where negatively sloped and decreasing returns to scale where positively sloped.
• A typical average cost curve will have a U-shape, because fixed costs are all incurred before any production takes place and marginal costs are typically increasing, because of bottlenecks increase the average cost.
• The Marginal Cost curve always passes through the minimum points of the Average Variable Cost and Average Cost curves, though the Average Variable Cost curve attains the minimum point prior to that of the Average Cost curve.
• The Marginal Cost curve always passes through the minimum points of the Average Variable Cost and Average Cost curves, though the Average Variable Cost curve attains the minimum point prior to that of the Average Cost curve.
• The Average Variable Cost curve is never parallel to or as high as the Average Cost curve due to the existence of positive Average Fixed Costs at all levels of production; but the Average Variable Cost curve asymptotically approaches the Average Cost curve from below.
• The Average Variable Cost curve is never parallel to or as high as the Average Cost curve due to the existence of positive Average Fixed Costs at all levels of production; but the Average Variable Cost curve asymptotically approaches the Average Cost curve from below.
• A long-run average cost curve can be upward sloping or downward sloping at relatively low levels of output and upward sloping at relatively high levels of output, with an in-between level of output at which the slope of long-run average cost is zero.
• Likewise, it has diseconomies of scale ( is operating in an upward sloping region of the long-run average cost curve ) if and only if it has decreasing returns to scale, and has neither economies nor diseconomies of scale if it has constant returns to scale.