Question
What is the marginal average cost function?
Answers
bobpursley
It is meaningless.
There is an average cost function.
There is a marginal cost function.
combining them is meaningless.
There is an average cost function.
There is a marginal cost function.
combining them is meaningless.
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.
bobpursley
He might have meant
marginal/average cost function.
Email him at your own peril.
marginal/average cost function.
Email him at your own peril.