![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
![Explain the inputs and the marginal cost curve and long-run average total cost curve and what does it look like. | Homework.Study.com Explain the inputs and the marginal cost curve and long-run average total cost curve and what does it look like. | Homework.Study.com](https://homework.study.com/cimages/multimages/16/lac2755136120577634492.jpg)
Explain the inputs and the marginal cost curve and long-run average total cost curve and what does it look like. | 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)