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Author Question: To apply marginal analysis (minimization) E(q) must be: a.decreasing. b.convex. c.concave. ... (Read 50 times)

kshipps

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on: Aug 1, 2018
To apply marginal analysis (minimization) E(q) must be:
  a.decreasing.
  b.convex.
  c.concave.
  d.increasing.

Question 2

In marginal analysis we study:
  a.E(q+1)  E(q).
  b.E(q-1)  E(q).
  c.E(q)  E(q-2).
  d.E(q)  E(q+1).


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Melissahxx

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Reply #1 on: Aug 1, 2018
Answer to Question 1

correct: b

Answer to Question 2

correct: a


kshipps

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Reply #2 on: Aug 1, 2018
Thanks


Melissahxx

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Reply #3 on: Aug 1, 2018
Welcome :)


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