Draw the graph of the total cost curve

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Consider the following structure of the cost function: c(w, 0) = 0 and cy(w, y) = int(y), where int(y) is the smallest integer greater than or equal to y element of nonnegative real numbers.

a) Draw the graph of the total cost curve.

b) Draw the graph of the average and marginal cost curves.

Reference no: EM13688868

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