![Show and discuss the short run relationship between total cost, average cost, and marginal cost using a two panel diagram. | Homework.Study.com Show and discuss the short run relationship between total cost, average cost, and marginal cost using a two panel diagram. | Homework.Study.com](https://homework.study.com/cimages/multimages/16/image_1703344095260235977.png)
Show and discuss the short run relationship between total cost, average cost, and marginal cost using a two panel diagram. | 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? -
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Identify the general shape of short-run average cost and short-run marginal cost curves. | Homework.Study.com
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