ECN 2110 Week 4 Discussion 1 | Baker College

ECN 2110 Week 4 Discussion 1 | Baker College

Cost Curves

 

What shapes would you generally expect each of the following cost curves to have: fixed costs, variable costs, marginal costs, average total costs, average variable costs?

Each student can choose only one of the curves above and explain clearly with a graph.  Interpret the curve.  You can copy and paste the curve.  Use references such as textbook and YouTube videos.

Interact with colleagues by responding to their post with new insights and example.

Here are YouTube videos:

Short-Run Cost Curves (Part 2)- Micro Topic 3.2

https://www.youtube.com/watch?v=qYKJdooEnwU

 

 

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