Question: (d) How do long run cost, marginal cost and average cost depend on output? (a) Returns to scale (tick) IRS DRS CR8 ((1) MC (tick)

(d) How do long run cost, marginal cost and average cost

(d) How do long run cost, marginal cost and average cost depend on output? (a) Returns to scale (tick) IRS DRS CR8 ((1) MC (tick) increasing decreasing constant (as a function of q) ((1) AC (tick) increasing decreasing constant (as a function of q) (e) For some time Sedate has been assembling 10 sedans per week. Given your previous mswers, determine how many labour hours and how many robot hours the company uses

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