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You are the manager of a firm that produces output in two plants. The demand for your firm's product is P =120 - 6Q, where Q = Q1 + Q2. The marginal costs associated with producing in the two plants are MC1 = 2Q1 and MC2 = 4Q2. What price should be charged to maximize profits?

A. 60 B. 66 C. 70 D. 76

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Chika Ilonah
Chika IlonahLv10
28 Sep 2019

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