Why would the restrictions A > 0 and B < 0 be inappropriate for a short-run cubic

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Why would the restrictions A > 0 and B < 0 be inappropriate for a short-run cubic production function?

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Managerial Economics Foundations of Business Analysis and Strategy

ISBN: 978-0078021718

11th edition

Authors: Christopher Thomas, S. Charles Maurice

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Question Posted: Nov 18, 2014 04:21 AM

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Why would the restrictions A > 0 and B < 0 be inappropriate for a short-run cubic

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In order to have MP rise then fall the slope of MP MP LL must first be positive a...View the full answer

Managerial Economics Foundations of Business Analysis and Strategy

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