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This graph looks very much much like pricing in microeconomics. Where the dotted lines are variable and fixed cost while the undotted line is the average cost :biggrin: What is missing is the demand curve :tongue:Now, can someone explain all this engineering gobbledygook in simpler English so the lay-folks we can appreciate what you are really/actually saying :wink:
This graph looks very much much like pricing in microeconomics. Where the dotted lines are variable and fixed cost while the undotted line is the average cost :biggrin: What is missing is the demand curve :tongue:
Now, can someone explain all this engineering gobbledygook in simpler English so the lay-folks we can appreciate what you are really/actually saying :wink: