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  3. 2 15p oints suppose the cost function is givenbdy2y232 a...

Question: 2 15p oints suppose the cost function is givenbdy2y232 a...

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2) (15p oints) Suppose the cost function is givenbỵdy)-2y2+32 a. b. c. (5 points) Draw the AC, AVC and MC curves one the same graph, Clearly label any point, where the curves intersect (5 points) Find the short run supply curve and draw it (put p on the vertical axis and y on the horizontal axis) (5 points) Find the long run supply curve and draw it (put p on the vertical axis and y on the horizontal axis)

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