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A firm has access to two production processes with the following marginal cost curves: 1 = 0.4*1 and 2 = 2 + 0.2*2. If it

  1. A firm has access to two production processes with the following marginal cost curves: 1 = 0.4*1 and 2 = 2 + 0.2*2.
  2. If it wants to produce 8 units of output, how much should it produce with each process?
  3. If it wants to produce 4 units of output?

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