Economics: What is the relationship between th expansion path and the total cost function?

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Economics: What is the relationship between th expansion path and the total cost function?

2006-10-20 03:21:30 · 1 answers · asked by edenissimo 3 in Science & Mathematics ➔ Mathematics

1 answers

We probably need a little more detail here. Are we talking about the expansion of demand or the expansion of supply? Demand is usually directly proportional to cost where supply is usually inversely proportional to cost.

2006-10-20 04:02:57 · answer #1 · answered by iuneedscoachknight 4 · 0⤊ 0⤋