![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
![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? -
![Explain the relation between average variable cost and marginal cost for both the short-run and long-run. Describe how the graphs of the cost functions look as part of your response. | Homework.Study.com Explain the relation between average variable cost and marginal cost for both the short-run and long-run. Describe how the graphs of the cost functions look as part of your response. | Homework.Study.com](https://homework.study.com/cimages/multimages/16/20-017261842620681656516.jpg)
Explain the relation between average variable cost and marginal cost for both the short-run and long-run. Describe how the graphs of the cost functions look as part of your response. | Homework.Study.com
![SOLVED: 'The figure below displays the short-run marginal cost and short-run average cost curves for a firm: When q = 2 and q 6,the short-run marginal cost is 4. When q 6, SOLVED: 'The figure below displays the short-run marginal cost and short-run average cost curves for a firm: When q = 2 and q 6,the short-run marginal cost is 4. When q 6,](https://cdn.numerade.com/ask_images/1ef0976b2f37498f9e59a1cd4b12760c.jpg)