Main articles: Growth hormone 1 and Growth hormone 2. Genes for human growth hormone, known as growth hormone 1 (somatotropin) and growth hormone 2, are localized in the q22-24 region of chromosome 17 and are closely related to human chorionic somatomammotropin (also known as placental lactogen) genes.
Average costs are U-shaped, and the marginal cost curve intersects the average cost curves at their respective minimum points. In the competitive model of the firm, the minimum average variable cost is termed the shutdown point because a firm will not produce in the short run if price is below average variable cost.
CHARACTERISTICS OF THE MARGINAL COST CURVE 489 TABLE 8. RELATIONS BETWEEN LEAST AVERAGE COST AND THE MARGINAL COST OF THE SAME INTERVAL Output by Total Average Marginal intuer v f intervals1 cost cost cost 7 $182.05408 $26.00773 8 200.57477 25.07185 $18.52069 Difference in Average Costs: $26.00773-$25.07185=$0.93588.