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minimum average cost造句

"minimum average cost"是什么意思   

例句與造句

  1. For a PC firm this equilibrium condition occurs where the perfectly elastic demand curve equals minimum average cost.
  2. That is, the MC firm's profit maximizing output is less than the output associated with minimum average cost.
  3. In the perfect competition model, firms end up pricing at minimum average cost because that's what competition drives prices down to, not because they consciously choose to set prices in that way.
  4. No other price makes sense : obviously no firm can achieve a profit pricing goods below minimum average cost, but if firms try pricing above it, then competitors who produce at the efficient scale can undercut them by charging less and will completely eliminate their market share . talk ) 05 : 16, 31 July 2012 ( UTC)
  5. If the market for a product exhibits free entry, meaning that firms can enter ( and exit ) the market at will with no logistical, legal, or other inhibiting factors, and if firms have U-shaped long-run average cost curves as in the graphs at the right, then in the long run all firms will end up producing at their point of minimum average cost.
  6. It's difficult to find minimum average cost in a sentence. 用minimum average cost造句挺難的
  7. The firms must produce at minimum average cost ( the quantity produced by each firm will be the minimum efficient scale of the company's production function, the quantity produced in the industry is the minimum efficient scale times the number of firms, and is also the equilibrium quantity found by the intersection of supply and demand curves ), and price at this cost, to record zero profit.
  8. As Besanko notes, to illustrate the new rule it is necessary to define a new cost curve, the average non-sunk cost curve, or ANSC . The ANSC equals the average variable costs plus the average non-sunk fixed cost or ANSC = AVC + ANFC . The new rule then becomes : if the price is greater than the minimum average costs, produce; if the price is between minimum average costs and minimum ANSC produce, and if the price is less than minimum ANSC for all levels of production, shut down.
  9. As Besanko notes, to illustrate the new rule it is necessary to define a new cost curve, the average non-sunk cost curve, or ANSC . The ANSC equals the average variable costs plus the average non-sunk fixed cost or ANSC = AVC + ANFC . The new rule then becomes : if the price is greater than the minimum average costs, produce; if the price is between minimum average costs and minimum ANSC produce, and if the price is less than minimum ANSC for all levels of production, shut down.

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