Author Question: A multiplant firm has equated marginal costs at each plant. By doing this A) profits are ... (Read 55 times)

ishan

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A multiplant firm has equated marginal costs at each plant. By doing this
 
  A) profits are maximized.
  B) costs are minimized given the level of output.
  C) revenues are maximized given the level of output.
  D) none of the above

Question 2

The potential for redistribution cannot be exaggerated.
 
  Indicate whether the statement is true or false



mk6555

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Answer to Question 1

B

Answer to Question 2

F



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