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corie corie
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Posts: 767
6 years ago
A multiplant monopolist can produce her output in either of two plants. Having sold all of her output she discovers that the marginal cost in plant 1 is $30 while the marginal cost in plant 2 is $20. To maximize profits the firm will
A) produce more output in plant 1 and less in the plant 2.
B) do nothing until it acquires more information on revenues.
C) produce less output in plant 1 and more in plant 2.
D) produce less in both plants until marginal revenue is zero.
E) shut down plant 1 and only produce at plant 2 in the future.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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CanihCanih
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Posts: 463
6 years ago
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corie Author
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6 years ago
Thank you, thank you, thank you!
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Yesterday
this is exactly what I needed
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2 hours ago
Thanks
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