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.
The average total cost (ATC) curve will be negatively sloped so long as. A. Average variable cost is less than average total cost. B. Marginal cost is greater than average total cost. C. Average fixed cost is less than average total cost.he period in which there are no fixed costs is the. A. Production run. B. Long run. C. Short run. D. Implicit run. 72. The long-run average total cost curve is constructed from the. A. Minimum points of the short-run marginal cost curves.