While the shape of the long-run average cost curve looks surprisingly like that of a short-run average cost curve, the underlying forces are different. This U-shape is NOT the result of increasing, then decreasing marginal returns that surface in the short run when a variable input is added to a fixed input.wo More Curves. 1  Long-run Total Cost: This curve graphically illustrates the relation between long-run total cost, which is the total opportunity cost incurred by all of the factors of production used in the long run by a firm to produce a good or service, and the level of production.
1 MS in Pharmacy â master of science in health system pharmacy, which prepares pharmacists for leadership positions in health care.  Residency Program â Pharmacy Residency is education a pharmacist can pursue beyond a PharmD.
Refer to the NIOSH definition of MSD and WMSD: MSDs refer to the disorders of the muscles, nerves, tendons, ligaments, joints cartilage, or spinal disks. These disorders are not result of any instantaneous event such as slip or fall but reflect a more gradual or chronic development.