UGC NET Economics - Write the answer of following questions based on below diagram :- 1.Defite I) Average Total Cost. II) Short run average cost curve III) long run average cost curve
![Relationship between Short run and Long run average cost curve and Marginal cost curves - Khan Study Relationship between Short run and Long run average cost curve and Marginal cost curves - Khan Study](https://khanstudy.in/wp-content/uploads/2021/10/short-run-and-long-run-average-cost-curve.png)
Relationship between Short run and Long run average cost curve and Marginal cost curves - Khan Study
What is the relationship between the short-run average cost curve and the long-run average cost curve? - Quora
Economics in Plain English » From short to long: Economies of scale and the long-run average total cost curve
![Graph a long run ATC and unlimited smaller short run cost curves, label the three prominent scales and explain each. | Homework.Study.com Graph a long run ATC and unlimited smaller short run cost curves, label the three prominent scales and explain each. | Homework.Study.com](https://homework.study.com/cimages/multimages/16/lrac9205331058047811380.jpg)
Graph a long run ATC and unlimited smaller short run cost curves, label the three prominent scales and explain each. | Homework.Study.com
![Draw the short run marginal cost & Average cost curve. Explain the relationship between marginal cost and average cost.? | Homework.Study.com Draw the short run marginal cost & Average cost curve. Explain the relationship between marginal cost and average cost.? | Homework.Study.com](https://homework.study.com/cimages/multimages/16/screen_shot_2019-03-10_at_8.04.03_pm8907907340326640871.png)
Draw the short run marginal cost & Average cost curve. Explain the relationship between marginal cost and average cost.? | Homework.Study.com
![PPT - Relationship between long-run & short-run average cost curves PowerPoint Presentation - ID:4535859 PPT - Relationship between long-run & short-run average cost curves PowerPoint Presentation - ID:4535859](https://image2.slideserve.com/4535859/relationship-between-long-run-short-run-average-cost-curves-l.jpg)