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28 Sep 2019
. You are the manager of a firm that produces output in two plants. The demand for your firm's product is P = 20 - Q, where Q = Q1 + Q2. The marginal costs associated with producing in the two plants are MC1 = 2 and MC2 = 2Q2. How much output should be produced in plant 1 in order to maximize profits? A. 1 B. 4 C. 8 D. 11
. You are the manager of a firm that produces output in two plants. The demand for your firm's product is P = 20 - Q, where Q = Q1 + Q2. The marginal costs associated with producing in the two plants are MC1 = 2 and MC2 = 2Q2. How much output should be produced in plant 1 in order to maximize profits? A. 1 B. 4 C. 8 D. 11
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Raushan RajLv8
28 Sep 2019
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