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Problem #2 N The cost function of a firm producing two goods is given by TC=250-0.5Q, xQ+(Q1) +(Q2) Determine the total cost of producing within

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Problem #2 N The cost function of a firm producing two goods is given by TC=250-0.5Q, xQ+(Q1) +(Q2) Determine the total cost of producing within the same firm Q1=10 units of good 1 and Q2=15 units of good 2. E The (parent) firm is contemplating the separate production of the two goods (good 1 & good 2) through two subsidiary firms, A&B. Determine: the cost of producing separately Q,=10 units of good 1 within firm A. the cost of producing separately Q2=15 units of good 2 within another firm, B Do you think the parent firm will benefit from economies of scope in this scenario? Explain

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