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In a famous article J Viner Cost Curves and Supply Curves Zeitschrift fur Nationalokonomie3 September 1931 23 46 Viner criticized his draftsman who could not draw a family of SAC curves who

In a famous article [J. Viner, “Cost Curves and Supply Curves,” Zeitschrift fur Nationalokonomie3 (September 1931): 23–46], Viner criticized his draftsman who could not draw a family of SAC curves whose points of tangency with the U-shaped AC curve were also the minimum points on each SAC curve. The draftsman protested that such a drawing was impossible to construct. Whom would you support in this debate?

May 07 2020 View more View Less

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