| 21. | This can be illustrated by graphing the short run total cost curve and the short run variable cost curve.
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| 22. | This can be illustrated by graphing the short run total cost curve and the short run variable cost curve.
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| 23. | The key with him is how much he's moving them down that cost curve without blowing away the consumer franchise.
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| 24. | "In terms of the cost curve, we're back to 1987, " he said, referring to the recent fuel price increases.
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| 25. | Its horizontal demand curve will touch its average total cost curve at its lowest point . ( See cost curve .)
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| 26. | This idea can be envisioned graphically by the intersection of an upward-sloping marginal cost curve and a downward-sloping marginal revenue curve.
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| 27. | An ideal cost curve assumes technical efficiency, since a firm always has an incentive to be as technically efficient as possible.
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| 28. | Its horizontal demand curve will touch its average total cost curve at its lowest point . ( See cost curve .)
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| 29. | The whole rationale behind the reorganization is to try and move down the cost curve and use their resources more efficiently.
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| 30. | The long-run marginal cost curve tends to be flatter than its short-run counterpart due to increased input flexibility as to cost minimization.
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