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A firm operates two plants with the marginal cost curves given by MC1 = 50 + 2Q1 , MC2 = 90 + Q2 . If the firm's total output must be 80 units, how much will it produce at each plant? Please use the back of this page for your solution.
A firm's fixed costs for 0 units of output and its average total cost of producing different output levels are summarized in the table below. Complete the table to find the fixed c
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