A multiplant monopolist can produce her output in either of two plants. Having sold all of her output she discovers that the marginal cost in plant 1 is 30 while the marginal cost in plant 2 is 20. To maximize profits the firm will
A) produce more output in plant 1 and less in the plant 2.
B) do nothing until it acquires more information on revenues.
C) produce less output in plant 1 and more in plant 2.
D) produce less in both plants until marginal revenue is zero.
E) shut down plant 1 and only produce at plant 2 in the future.
Question 2
Suppose a technological innovation shifts the marginal cost curve downward. Which one of the following cost curves does NOT shift?
A) Firm's short-run supply curve
B) Average total cost curve
C) Average variable cost curve
D) Average fixed cost curve
Mendel's procedure for cross-fertilizing pea plants
Wood first appeared in plants called progymnosperms.
Plants
Plants
Plants
The segregation of albinism, a recessively inherited trait in humans. As in pea plants, alleles of a