Pearson eText Microeconomics -- Instant Access (Pearson+)
Pearson eText Microeconomics -- Instant Access (Pearson+)
9th Edition
ISBN: 9780136879572
Author: Robert Pindyck, Daniel Rubinfeld
Publisher: PEARSON+
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Chapter 10, Problem 8E

(a)

To determine

MC, MR, AR, Total MC, Profit maximizing Output of each factory, Total Output, and Price.

(b)

To determine

Q1, Q2, Q3, and the profit maximizing Price.

(c)

To determine

Change in the MC in factory 1 and its associated changes in the other factory.

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