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Consider a function that is (i) decreasing in ; (ii) decreasing in ; and (iii) strictly quasiconvex.
(a) Draw quadrant I of the Cartesian coordinate plane. Your graph should be large enough to work with and make sense of (perhaps one-quarter of the page).
(b) Label the axes of the graph you drew in part (a).
(c) Put a point in roughly the middle of your graph in part (a). Label the point A.
(d) Through point A in your graph, draw a level set of the function described above.
(e) In your graph, shade in the better set of point A.
The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.
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