In a famous article [J. viner, “Cost Curves and Supply Curves,”

Zeitschrift fur Nationalokonomie 3 (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?

Analytical Problems