## LaTeX forum ⇒ Graphics, Figures & Tables ⇒ Draw Cost Function Using TikZ

Information and discussion about graphics, figures & tables in LaTeX documents.
europapark
Posts: 2
Joined: Fri Sep 27, 2019 10:08 am

### Draw Cost Function Using TikZ

Hi!

I would like to draw this cost function using TikZ:

https://www.tankonyvtar.hu/en/tartalom/ ... /07-03.png

There are a few economics graphs in this package, but not the cost function, unfortunately: http://static.latexstudio.net/wp-conten ... papp01.pdf

I am new to TikZ. Any help is very appreciated.

rais
Posts: 235
Joined: Sun Nov 16, 2014 8:51 pm
Perhaps you could start with the LRTC curve. Then you can post some code, where you could ask for how to derive the LRAC/LRMC curves from.
And, of, course, you could explain what those acronyms stand for. I'd say long run total/average/marginal cost, but I'm leaning far out the window' here, as one of our sayings go.

KR
Rainer

rais
Posts: 235
Joined: Sun Nov 16, 2014 8:51 pm
Well, I crunched some numbers---this is what I came up with (provided, the actual data for LRTC curve is not relevant):

Of course, I have no way of knowing if my assumptions are correct or flawed by a coincidence or two, trying to get some sense out of the picture you posted. And I may have confused LRAC with LRMC...

KR
Rainer

europapark
Posts: 2
Joined: Fri Sep 27, 2019 10:08 am
WOW! Incredible job, thank you very much! I can take it from here.