average variable in a sentence
1) Short run average cost equals average fixed costs plus average variable costs.
2) Her average variable costs are $5 per bushel.
average collocations
3) The firm at point Z is just covering average variable costs.
4) The firm should continue to produce because price covers average variable cost.
average variable example sentences
5) A company will shut down if price falls below minimum average variable costs.6) Operate When Price is u003e average variable cost.
7) The U-shape of the average variable cost curve is explained as follows.
8) Because this price is above her average variable cost, Samantha supplies 3 sweaters.
9) For market prices less than minimum average variable cost, quantity supplied is zero. 16.
10) If MC equals average variable cost, then average variable cost is at its minimum value.
11) If MC equals average variable cost, then average variable cost is at its minimum value.
12) Technically, shutdown occurs if marginal revenue is below average variable cost at the profit-maximizing output.
13) The supply curve is the same as her marginal cost curve above the average variable cost curve.
14) The rule is conventionally stated in terms of price (average revenue) and average variable costs.
example sentences with average
15) The short-run supply curve is the marginal cost curve anywhere above the intersection with average variable costs.16) Each S runs along the marginal cost curve, starting at its intersection with average variable cost.
17) If the price exceeds the average variable cost, the owner loses less by operating the business.
18) Notice that the curves for short-run average total cost and average variable cost fall, then rise.
19) First decreasing and then increasing average variable cost lead to the U-shape for the average variable cost.
20) First decreasing and then increasing average variable cost lead to the U-shape for the average variable cost.
21) Hence average variable cost when Samantha sells 3 sweaters a day is $90 3 or $30.
22) Since the price is greater than average variable cost, the firm continues to operate at a loss.
23) Step 2: Estimate average variable cost (AVC) and marginal cost (SMC).
24) average variable cost equals ( TVC ) q, where TVC is total variable cost and q is quantity.
25) Explain why a firm should shut down in the short run if market price falls below minimum average variable cost.
26) The slope of the average variable cost curve is the derivative of the latter, namely 2Q - 5.
27) The ANSC equals the average variable costs plus the average non-sunk fixed cost or ANSC = AVC + ANFC.
How to use average in a sentence
28) The SRAVC curve plots the short-run average variable cost against the level of output and is typically drawn as U-shaped.29) When marginal cost is greater than short-run average total cost or average variable cost, these average cost curves slope upward.
30) The increase in total variable cost will increase total cost; average total and average variable costs will rise as well.
31) Notice that our average variable cost does not depend on our quantity produced and is the same as our marginal cost.
32) The average variable cost of producing a sandwich is 50 cents and the average selling price of one sandwich is $1.50.
33) The short run shutdown point for a competitive firm is the output level at the minimum of the average variable cost curve.
34) Right, economic theory tells us that production will continue in, in the short run providing average variable costs are covered.
35) Most cities currently supply water to their citizens at the average variable cost of supply that is equal to the quantity demanded.
36) average variable cost, on the other hand, does not include the cost of the factory, since that is fixed.
37) average variable cost (AVC) is shaped like a bowl – it falls for a while, and then eventually rises.
38) In the batten industry, as I pointed out earlier, the curve labeled average variable cost could also have been labeled average recoverable cost, since the two are equal.
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