What is use of long-run average total cost curve in output, Macroeconomics

Assignment Help:

What is the use of long-run average total cost curve in the producing output?

The long-run average total cost curve demonstrates the relationship in between output and average total cost while fixed cost has been selected to minimize average total cost for every level of output.

Short-Run and Long-Run Average Total Cost Curves

Related Discussions:- What is use of long-run average total cost curve in output

Traditional or a roth ira, Suppose one of your clients is four years away f...

Suppose one of your clients is four years away from retirement and has only $1,500 in pretax income to devote to either a Roth or a traditional IRA. The traditional IRA permits inv

Regional trading arrangements, Regional Trading Arrangements: You have...

Regional Trading Arrangements: You have seen in earlier Units that India has been playing an active role in WTO discussions. While Hong Kong WTO Ministerial has saved and kept

Elucidate how the two bonds differ, Consider two bonds. Each has a face val...

Consider two bonds. Each has a face value of $100 and matures in one year. One has a zero coupon payment, and the other pays $10 per year. A. Explain how the two bonds differ

The LM curve asset market equilibrium., what are the factors that shift the...

what are the factors that shift the LM curve what is the real interest rate and the nominal interest rate. what is expected rate of inflation why has the real interest rate that cl

Define nominal wages, Q. Define Nominal wages? The nominal wage is wage...

Q. Define Nominal wages? The nominal wage is wage per unit of time in the currency used in the country- what we usually just call wage. When we mention wage in macroeconomics w

Financial crisis, how adverse selection has an impact on financial crisis

how adverse selection has an impact on financial crisis

National income, how useful is national income statistics for indicating li...

how useful is national income statistics for indicating living standards

Compare and contrast federal government expenditures, Compare and contrast ...

Compare and contrast federal government expenditures, state and local government expenditures, and financing government expenditures. Suggest a total of three actions that should b

#titlePrinciples of Macroeconomics.., Challenges to the American Labor Forc...

Challenges to the American Labor Force

Considered opportunity costs, Gasoline, insurance, depreciation, and repair...

Gasoline, insurance, depreciation, and repairs are all costs of owning a car. Which of these can be considered opportunity costs in the context of each of the following decisions?

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages