The focal length of air lens is f1=μ1μ2−μ1(R11−R21)
where μ2 is refractive index of water and μ1 is refractive index of air bubble. R1 and R2 are radii of curvatures of air bubble.
Here, μ2=1 μ1=34 R1=R R2=−R ∴f1=4/31−4/3(R1−(−R1))
or f1=34−31×R2
or f1=−2R1
As f is negative, so air bubble behaves as concave lens.