ECND4 – Explain the shape of the average fixed cost curve

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ECND4 – Explain the shape of the average fixed cost curve

This module introduces divers incongruous consume deflexions. These consume deflexions are interrelated. · Explain the figure of the mediocre agricultural consume deflexion (AFC) and how the AFC contributes to the homogeneity between the mediocre aggregate consume deflexion (ATC) and the mediocre fickle consume deflexion (AVC). · Explain the figure of the ultimate consume (MC) deflexion and how it relates to the mediocre aggregate consume deflexion and mediocre fickle consume deflexion. · Explain how the origination operation relates to the figure of the ultimate consume deflexion. · Use an development from your have experiences to explain these deflexions (ce development; getting friends to succor you propose).

This module introduces various irrelative require deflexions. These require deflexions are interrelated.

· Explain the figure of the middle agricultural require deflexion (AFC) and how the AFC contributes to the conformity betwixt the middle completion require deflexion (ATC) and the middle fickle require deflexion (AVC).
· Explain the figure of the ultimate require (MC) deflexion and how it relates to the middle completion require deflexion and middle fickle require deflexion.
· Explain how the evolution duty relates to the figure of the ultimate require deflexion.
· Use an issue from your confess experiences to demonstrate these deflexions (restraint issue; getting friends to succor you change).

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