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June 26th, 2017, 01:24 AM  #1 
Newbie Joined: Jun 2017 From: Israel Posts: 2 Thanks: 0  Example for "typical" total product function?
We think of the "typical" total product function as increasing slowly for small values of the input, then increasing more rapidly, then increasing slowly again. What are numerical examples of this?

June 26th, 2017, 10:06 AM  #2 
Member Joined: Jan 2017 From: California Posts: 80 Thanks: 8 
$C(Q)=f+aQ+bQ^2+cQ^3$

June 26th, 2017, 10:07 AM  #3 
Member Joined: Jan 2017 From: California Posts: 80 Thanks: 8 
Since the function starts at coordinate (0,0) you can consider f to be $0


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