Multiple Choice
To maximize its profit,a firm with two plants should
A) produce the output at which total marginal cost equals marginal revenue.
B) choose the profit-maximizing output then allocate it equally between the two plants.
C) allocate output so that marginal cost is the same in two plants
D) both a and b
E) both a and c
Correct Answer:

Verified
Correct Answer:
Verified
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