Asked by Jacob

What is the marginal average cost function?

Answers

Answered by bobpursley
It is meaningless.
There is an average cost function.
There is a marginal cost function.

combining them is meaningless.
Answered by Jacob
That's interesting you say that, listed under my professor's list of things we need to study, he has that listed. Do you believe it to be a mistake? Should I email him perhaps? I see what you are saying here. Thank you Bob.
Answered by bobpursley
He might have meant

marginal/average cost function.

Email him at your own peril.
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