@@ -15,9 +15,9 @@ class Cost(PolyBase):
1515 """
1616 Polynomial cost curve.
1717
18- This class represents a polynomial cost curve and extends the PolyBase class . It provides methods
19- for calculating costs, finding the efficient scale, breakeven price, shutdown price, and plotting
20- various cost-related curves.
18+ This class represents a polynomial cost curve and extends `` PolyBase`` . It
19+ provides methods for calculating costs, finding the efficient scale,
20+ breakeven price, shutdown price, and plotting various cost-related curves.
2121
2222 Parameters
2323 ----------
@@ -276,10 +276,12 @@ def breakeven_price(self):
276276
277277 def shutdown_price (self ):
278278 """
279- Assume perfect competition and find the price at which total revenue equals total variable cost.
279+ Assume perfect competition and find the price at which total revenue
280+ equals total variable cost.
280281
281- This method calculates the price at which a firm should shut down in the short run to minimize losses,
282- assuming perfect competition. It finds the price at which total revenue (TR) equals total variable cost (TVC).
282+ This method calculates the price at which a firm should shut down in the
283+ short run to minimize losses, assuming perfect competition. It finds the
284+ price at which total revenue (TR) equals total variable cost (TVC).
283285
284286 Returns
285287 ----------
@@ -300,12 +302,14 @@ def long_run_plot(self, ax = None):
300302 """
301303 Plot the long-run average cost (LRAC) and marginal cost (MC) curves.
302304
303- This method plots the long-run average cost (LRAC) curve and the marginal cost (MC) curve on the same graph.
304- It also marks the efficient scale and the breakeven price.
305+ This method plots the long-run average cost (LRAC) curve and the
306+ marginal cost (MC) curve on the same graph. It also marks the efficient
307+ scale and the breakeven price.
305308
306309 Args
307310 ----------
308- ax (matplotlib.pyplot.axis, optional): The axis on which to plot. If not provided, the current axis is used.
311+ ax (matplotlib.pyplot.axis, optional): The axis on which to plot. If
312+ not provided, the current axis is used.
309313
310314 Returns
311315 ----------
@@ -348,14 +352,18 @@ def cost_profit_plot(self, p, ax = None, items = ['tc', 'tr', 'profit']):
348352 """
349353 Plot various cost and profit components at a given price.
350354
351- This method plots the average total cost (ATC) and marginal cost (MC) curves, and it marks the given price and
352- quantity on the graph. It can also shade areas to represent total cost (TC), total revenue (TR), and profit (π).
355+ This method plots the average total cost (ATC) and marginal cost (MC)
356+ curves, and it marks the given price and quantity on the graph. It can
357+ also shade areas to represent total cost (TC), total revenue (TR), and
358+ profit (π).
353359
354360 Args
355361 ----------
356362 p (float): The price at which to evaluate the cost and profit components.
357- ax (matplotlib.pyplot.axis, optional): The axis on which to plot. If not provided, the current axis is used.
358- items (list of str, optional): A list of items to include in the plot. Options are 'tc', 'tr', and 'profit'.
363+ ax (matplotlib.pyplot.axis, optional): The axis on which to plot. If
364+ not provided, the current axis is used.
365+ items (list of str, optional): A list of items to include in the
366+ plot. Options are 'tc', 'tr', and 'profit'.
359367
360368 Returns
361369 ----------
@@ -395,14 +403,38 @@ def cost_profit_plot(self, p, ax = None, items = ['tc', 'tr', 'profit']):
395403 col = 'green'
396404 else :
397405 col = 'red'
398- ax .fill_between ([0 ,q ], atc_of_q , p , color = col , alpha = 0.3 , label = r"$\pi$" , hatch = "\\ " )
406+ ax .fill_between (
407+ [0 , q ],
408+ atc_of_q ,
409+ p ,
410+ color = col ,
411+ alpha = 0.3 ,
412+ label = r"$\pi$" ,
413+ hatch = "\\ " ,
414+ )
399415
400416 if 'tc' in items :
401417 # total cost
402- ax .fill_between ([0 ,q ], 0 , atc_of_q , facecolor = 'yellow' , alpha = 0.1 , label = 'TC' , hatch = "/" )
418+ ax .fill_between (
419+ [0 , q ],
420+ 0 ,
421+ atc_of_q ,
422+ facecolor = 'yellow' ,
423+ alpha = 0.1 ,
424+ label = 'TC' ,
425+ hatch = "/" ,
426+ )
403427
404428 if 'tr' in items :
405- ax .fill_between ([0 ,q ], 0 , p , facecolor = 'blue' , alpha = 0.1 , label = 'TR' , hatch = '+' )
429+ ax .fill_between (
430+ [0 , q ],
431+ 0 ,
432+ p ,
433+ facecolor = 'blue' ,
434+ alpha = 0.1 ,
435+ label = 'TR' ,
436+ hatch = '+' ,
437+ )
406438
407439 update_axes_limits (ax )
408440
@@ -412,17 +444,20 @@ class AverageCost:
412444 """
413445 Class representing the average cost curve.
414446
415- The average cost (AC) curve is derived from a given cost function's coefficients. It calculates the cost per unit
416- of output (average cost) for different levels of output (quantity).
447+ The average cost (AC) curve is derived from a given cost function's
448+ coefficients. It calculates the cost per unit of output (average cost) for
449+ different levels of output (quantity).
417450
418451 Args
419452 ----------
420453 coef (array-like): Coefficients of the underlying cost function polynomial.
421454
422455 Attributes
423456 ----------
424- poly_coef (array-like): Coefficients of the underlying cost function polynomial excluding the constant term.
425- coef (array-like): Coefficients of the underlying cost function polynomial, including the constant term.
457+ poly_coef (array-like): Coefficients of the underlying cost function
458+ polynomial excluding the constant term.
459+ coef (array-like): Coefficients of the underlying cost function
460+ polynomial, including the constant term.
426461
427462 Example
428463 ----------
@@ -465,7 +500,8 @@ def cost(self, q):
465500 """
466501 Calculate the average cost at a given quantity.
467502
468- This method is equivalent to calling the object as a function with the quantity as the argument.
503+ This method is equivalent to calling the object as a function with the
504+ quantity as the argument.
469505
470506 Args
471507 ----------
@@ -486,11 +522,13 @@ def plot(self, ax = None, max_q = 10, label = None):
486522 """
487523 Plot the average cost curve.
488524
489- This method generates a plot of the average cost (AC) curve over a range of output levels (quantity).
525+ This method generates a plot of the average cost (AC) curve over a range
526+ of output levels (quantity).
490527
491528 Args
492529 ----------
493- ax (matplotlib.pyplot.axis, optional): The axis on which to plot. If not provided, the current axis is used.
530+ ax (matplotlib.pyplot.axis, optional): The axis on which to plot. If
531+ not provided, the current axis is used.
494532 max_q (float, optional): The maximum quantity to plot up to.
495533 label (str, optional): Label for the curve on the plot.
496534
0 commit comments