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help with a,b,c,d Take the following total revenue and cost Jnctions for a single plant operation: d) TR =$400Q $0.02Q2 TC = $40,000 + $400

help with a,b,c,d

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Take the following total revenue and cost Jnctions for a single plant operation: d) TR =$400Q $0.02Q2 TC = $40,000 + $400 + $0.040}2 Minimum AC = 40,OOOQ'2 + 0.04 = 0 Calculate the prot maximising level of output and price for one plant, as well as, the level of prot. (6 marks) Find the prot maximising level of output if the business were to switch to a multi- plant operation taking advantage of minimum average cost. How many plants would this multi-plant operation involve? Show all workings. (6 marks) Find the level of prot for the multi-plant operation. (2 marks) Should this operation operate as a multi-plant operation or a single plant operation (why or why not?) (1 mark)

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