How many units should each plant produce

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Reference no: EM13188328

A perfectly competitive firm faces a market price of $10 for its output X. It owns two plants, A and B, whose total costs are

TCA = 10+2X+.25X2,TCB = 15+.4X+.1X2.

How many units should each plant produce to maximize profit at that price?

Reference no: EM13188328

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