Sorry may I ask, here it looks like the cost of producing a unit is the same as the cost of producing the previous one as the slope of the curve is approx =1. But I thought the cost of producing the next unit is greater,? Am I missing something? Thank you
Sorry may I ask, here it looks like the cost of producing a unit is the same as the cost of producing the previous one as the slope of the curve is approx =1. But I thought the cost of producing the next unit is greater,? Am I missing something? Thank you
Yes the curve should've been curved I think.
Tenth comment?
sixth comment?
Third comment?
Fourth comment?
seventh comment?