When we construct the cubic total variable cost

Reference no: EM13685414

When we construct the cubic total variable cost, TVC = aQ + bQ2 + cQ3, in order to confirm the theoretical properties, the parameters should satisfy

a > 0, b > 0, and c < 0.

a < 0, b > 0, and c < 0.

a > 0, b < 0, and c > 0.

a < 0, b < 0, and c > 0.

Reference no: EM13685414

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