What Are the Functions for MC and AC If TC

question 22

Essay

What are the functions for MC and AC if TC = 100q + 100 ? Are the returns to scale increasing,decreasing,or constant?

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Definitions:

Margin of error

The amount of error that can be tolerated in survey or poll results, often used in describing the accuracy of a confidence interval.

Electric usage

The amount of electrical energy consumed by a device, household, or establishment over a given time period.

Edmund Charles Genet

Edmund Charles Genet was a French envoy to the United States in the 1790s, whose actions, including the unauthorized recruitment of American mercenaries to attack British ships, led to the Genet Affair, testing U.S. neutrality.

French Revolution

was a period of radical social and political upheaval in France from 1789 to 1799 that significantly influenced the decline of monarchies and churches in Europe.