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What is the marginal cost of each of his two firms

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Reference no: EM133300910

Assignment: Consider two companies in a market the company grilled sardines has a cost function: Csg (q)=q3 +2 q2 the island crab business has a cost function: Cc(q)=2q2 +3q

Question 1: What is the marginal cost of each of his two firms?

Question 2: explain the consequences of this difference?

Question 3: what is the average cost of each of his two companies, you must show your calculations

Question 4: Draw the curve of the company's short-term supply to the island crabs. explain your approach

Reference no: EM133300910

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