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
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Answer:
The graph in the attached figure
Step-by-step explanation:
we know that
A relationship between two variables, x, and y, represent a proportional variation if it can be expressed in the form or
In a proportional relationship the constant of proportionality k is equal to the slope m or unit rate of the line and the line passes through the origin
so
In this problem we have
substitute
using a graphing tool
The graph in the attached figure
