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AutoSave . Off) BLUE Exam 2 - Econ 301- Fall 2019 - Word Search Vasili, Justin B VJ X File Home Insert Draw Design Layout

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AutoSave . Off) BLUE Exam 2 - Econ 301- Fall 2019 - Word Search Vasili, Justin B VJ X File Home Insert Draw Design Layout References Mailings Review View Help Share Comments & Cut Find Calibri (Body) 11 ~ A" A Aa A AaBbCcDd AaBbCcDd AaBbC AaBbcc Aab AaBbCCD Lol [ Copy Gc Replace Paste BIU ab X X A LA 1 Normal 1 No Spac.. Heading 1 Heading 2 Title Subtitle Dictate Sensitivity Editor Reuse Format Painter Select Files Clipboard Font Paragraph Styles Editing Voice Sensitivity Editor Reuse Files | ~ Navigation X Search document Headings Pages Results Your profit maximizing, price taking, firm faces a market price P =100 . You produce your product in two plants, Plant X and Plant Y.. Cost of production in Plant X is C(Qx) = 5,000 + (1/10)Qx?, with dC(Qx)/dox = (1/5)Qx, and cost of production in Plant Y is C(QY) = 19,000 + 90Qy + (1/20)Qy?, with dC(Qv)/dQx= 90 + (1/10)Qy. Text, comments, pictures.. Word can find just about anything In your document. 1. You will produce units of output in Plant Y. a) 100 b) 250 C) 400 d) 500 e) None of the above are correct. Use the search box for text or the magnifying glass for everything else. 2. Your marginal cost of production in Plant X will equal a) 40 b) 60 C) 80 d) 100 e) None of the above are correct. 3. Your total cost of production in Plant X equals a) 28,500 b) 30,000 c) 41,000 d) 45,250 e) None of the above are correct. 4. Your maximum profit equals a)- 1,500 b) o c) 1,500 d) 4,000 e) None of the above are correct. Page 1 of 6 1607 words CX Focus + 100% Type here to search W 46F Mostly cloudy 8:28 PM 11/15/2021 E

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