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

Assignment Help:

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?

 


Related Discussions:- Find the expression for the gradients of the ac functions

Problems relating to national income estimation, Problems relating to natio...

Problems relating to national income estimation: Changing prices of goods and services . Prices of goods and services do change from one period to another. This makes compari

Point elasticity, Point elasticity: It refers to measurement of elasticity ...

Point elasticity: It refers to measurement of elasticity on a point On a demand curve. Point elasticity helps in measuring elasticity where change in price and quantity is infinite

Economics, Economics- Definition Economics is the study of how societie...

Economics- Definition Economics is the study of how societies utilize limited resources to make valuable commodities and allocate them among diverse people. Microeconomics h

Global business etiquette, Your company has a product that it is interested...

Your company has a product that it is interested in marketing in a foreign country. Using one of the following Websites, click on a country of your choice to learn about Etiquette,

Document design, Document Design It refers to the overall "look" and d...

Document Design It refers to the overall "look" and design rather than the content of a document. Specific elements such as white space, limited paragraph indentations, length

Market supply of labour, #queUse a graphical illustration to describe brief...

#queUse a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labor:(a) an increase in immigration (b) more wome

Infrastructure , Infrastructure : Infrastructure plays an important ro...

Infrastructure : Infrastructure plays an important role in the development of an economy. The adequacy or lack of it determines an economy's success or failure in increasing p

Trigger strategy - self sustainable, Consider an infinitely repeated prison...

Consider an infinitely repeated prisoner's dilemma game by two players. The resultant payoffs at each stage by the actions of two players are given below in the table (payoffs are

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd