If C = C(q) is a firm's total cost function, the quantity epsilon_{c} = q/C * (dC)/(dq) is called the elasticity of cost at the

Question

2 years ago

13

If C = C(q) is a firm's total cost function, the quantity epsilon_{c} = q/C * (dC)/(dq) is called the elasticity of cost at the

output q . Discuss the relationship between marginal cost and average cost for the intervals of being higher and lower than 1 (15 points). epsilon_{c}

Mathematics

1 answer:

shutvik [7] · Answer 1 · 2022-08-14T03:39:16+03:00

shutvik [7]2 years ago

4 0

Answer:

the answer is 5,746 = c

Step-by-step explanation: