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How many units should each plant produce to maximize profit

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Reference no: EM13338247

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

TC sub A = 10 + 2X + (.25X)2

TC sub B = 15 + .4X + (.1X)2

How many units should each plant produce to maximize profit at that price? (Show Work)

Reference no: EM13338247

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