Long-run marginal cost is the slope of the long-run total cost curve. With TC (Q) =2 Q, the slope of the long-run total cost curve is 2, and thus MC (Q) = 2. Long-run mar-ginal cost also does not depend on Q. Its graph is the same horizontal line.This exercise illustrates a general point.ong-run marginal cost is the slope of the long-run total cost curve. With TC (Q) =2 Q, the slope of the long-run total cost curve is 2, and thus MC (Q) = 2. Long-run mar-ginal cost also does not depend on Q. Its graph is the same horizontal line.This exercise illustrates a general point.
Combustion Definition. Combustion is a chemical reaction that occurs between a fuel and an oxidizing agent that produces energy, usually in the form of heat and light. Combustion is considered an exergonic or exothermic chemical reaction. It is also known as burning.
In general combustion or burning is a chemical reaction in which a fuel combines with oxygen. When there is insufficient oxygen, burns incompletely and produces by-products of combustion. Incomplete combustion by-products of carbon-based material often have a color (red nitrogen dioxide) or an odor (aldehydes). There are a lot of combustion appliances including space heaters, gas ranges and ovens, furnaces, gas water heaters, gas clothes dryers, wood or coal-burning stoves, and fireplaces. The common fuels burned in these appliances are natural or LP gas, fuel oil, kerosene, wood, or coal.