average cost curve 예문

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1. The relevant range of product demand is where the average cost curve is below the demand curve.
2. This lack of consequences can lead to poor decisions and cause an upward-sloping average cost curve.
3. The shape of the long-run marginal and average costs curves is determined by returns to scale.
4. The long-run marginal cost curve intersects the long-run average cost curve at the minimum point of the latter.
5. By average cost pricing, the price and quantity are determined by the intersection of the average cost curve and the demand curve.