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A Producer of Fixed Proportion Goods X and Y (Q

Question 30

Multiple Choice

A producer of fixed proportion goods X and Y (Q = QX = QY) has marginal costs and revenues of MC = 12Q,MRX = 54 - 6QX,MRY = 126 - 12QY .The producer should produce how many units?


A) 3.
B) 5.25.
C) 6.
D) 8.25.
E) 10.

Correct Answer:

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