Liberal Dictionary English Dictionary
noun
- a curve on a graph that shows a sharp fall after which values remain low for a long period
L-Shaped Long Run Average Cost Curve: Modern Cost Theory
L-Shaped Cost Curves (With Diagram)
File:L-shaped avg cost graph.png – Wikimedia Commons
Significance of Short-Run and Long-Run Cost Curves in Economics
Long-Run Costs : L-Shaped Scale Curve (With Diagram)