Re: ISI PEA 2015 discussion

Posted by Yo on May 11, 2015; 3:31am
URL: http://discussion-forum.276.s1.nabble.com/ISI-PEA-2015-discussion-tp7596744p7596782.html

Yup I also got the same answer the one above the 2/n-1 option and it's correct :p I rechecked .
Also for the mr answer when we optimise we get Mr=mc, and the second order condition tells us that the slope of Mr has to be lesser than the slope of mc basically the sufficienct and necessary condition is that mc should cut Mr from below if mr is negatively sloped this is always satisfied here coz Mr has the advertisement also and even if we suppose the mr is positively sloped it can hold but it has to lie below the mc as in flatter after it cuts it at the optimum ☺️