![Identify the general shape of short-run average cost and short-run marginal cost curves. | Homework.Study.com Identify the general shape of short-run average cost and short-run marginal cost curves. | Homework.Study.com](https://homework.study.com/cimages/multimages/16/image7232819214989863588.jpg)
Identify the general shape of short-run average cost and short-run marginal cost curves. | Homework.Study.com
![That segment of a competitive firm's marginal-cost curve that lies above its average-variable-cost curve constitutes the short-run supply curve for the firm." Explain using a graph and words. | Homework.Study.com That segment of a competitive firm's marginal-cost curve that lies above its average-variable-cost curve constitutes the short-run supply curve for the firm." Explain using a graph and words. | Homework.Study.com](https://homework.study.com/cimages/multimages/16/ques118506017952548420914.png)
That segment of a competitive firm's marginal-cost curve that lies above its average-variable-cost curve constitutes the short-run supply curve for the firm." Explain using a graph and words. | Homework.Study.com
![microeconomics - Why is the short run average cost curve not a tangent to the long run average cost curve at the lowest point on the short run average cost curve? - microeconomics - Why is the short run average cost curve not a tangent to the long run average cost curve at the lowest point on the short run average cost curve? -](https://i.stack.imgur.com/4lQBF.png)
microeconomics - Why is the short run average cost curve not a tangent to the long run average cost curve at the lowest point on the short run average cost curve? -
![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)