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.
A: The healthcare degree in PharmD is a degree in pharmacology. It is the Doctorate of Pharmacy. PharmD is a 4 year degree program focusing on extensive theoretical concepts and practical applications for those concepts. Completion of the Doctor of Pharmacy is necessary to obtain the status of a licensed pharmacist.hese include bachelors of pharmacy, doctoral of pharmacy and bachelors of science in pharmacy. These degrees cover several related topics and courses, which include chemistry, drug interaction, biostatistics, pathology, immunology, anatomy, pharmacy law, diagnosis of diseases, pharmacy management and physiology.