Graph the total cost function, TC(y). Find and graph the long run average cost function, LAC(y). e). Suppose now that z 2 is fixed at 2. Find Herongate Horses's total product function, TP(z 1). f).

In my last post on my Debtwatch blog, I finished by saying that the Physiocrats were the only School of economics to properly consider the role of energy in production. They ascribed it solely to ...