Find the expression for the gradients of the ac functions, Microeconomics

The following are AC and TC functions for various firms

(i). AC = 140/Q + 20

(ii) AC - a/Q = k

(iii) TC - 10 =2Q + 0.1Q2

(iv) TC - k - βQ = cQ2

Where a, k, β and c are positive constants.

(a)   Find the expression for the gradients of the AC functions

(b)   For what values of Q will AC be decreasing?

(c)   Which functions will give U-shaped AC curves?

 

Posted Date: 4/5/2013 6:11:16 AM | Location : United States







Related Discussions:- Find the expression for the gradients of the ac functions, Assignment Help, Ask Question on Find the expression for the gradients of the ac functions, Get Answer, Expert's Help, Find the expression for the gradients of the ac functions Discussions

Write discussion on Find the expression for the gradients of the ac functions
Your posts are moderated
Related Questions
causes of market failure and its solutions?

Perfect competition: Perfect completion refers to the market structure in which there are a large number of relatively small firms, each firm having freedom of entry into and

Is Indian companies running a risk by not giving attention to cost cutting

for the total product curve why is it when you reach at maximum adding more input leads to decline in output?

definition of abnormal isoquant and normal isoquant

What is buget line how it is calculated?

define and explain the concept of social efficent production

Balancing Needs and Resources planning is a balancing act. It involves the balancing of needs with resources towards set goals. Likewise, educational planning involves the bal

What is the difference between 'scarcity' and 'shortage'?  'Scarcity' and 'shortage' have dissimilar definitions. In reality, when most of the goods and resources are scarce go

Mg(OH)2 + 2HCl-----> MgCl2 +2H2O how many grams of magnesium chloride can be produced from 14.60mL of a 0.546M hydrogen chloride solution?