To apply marginal analysis (minimization) E(q) must be: ...

[kshipps]

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).

[Melissahxx]

Answer to Question 1

correct: b

Answer to Question 2

correct: a

[kshipps]

Thanks

[Melissahxx]

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