Re: Points of discontinuity (holes and vertical asymtotes)

Posted by Econenthusiast on Dec 16, 2017; 6:46pm
URL: http://discussion-forum.276.s1.nabble.com/Points-of-discontinuity-holes-and-vertical-asymtotes-tp7608497p7608527.html

Hey Vidhya, the demand curve here is a hyperbola and the area underneath in the form of total revenue would be a constant for all combinations of price and quantity. Therefore cost is minimised at q=1 like you said