Question 11 0 / 1 pts A firm operates two production plants. Plant 1 as a MC = 4q1, and plant 2 as a MC
Question 11 0 / 1 pts A firm operates two production plants. Plant 1 as a MC = 4q1, and plant 2 as a MC = 2q2. Analysis of demand indicates that the firm's marginal revenue from sales can be described as MR = 650-3q (where q is total units sold). Management is currently producing 40 units out of plant 1 and 110 units out of plant 2. If you were asked to advice management, what would you tell them? O Shift more production to plant 2 and less from plant 1. O Keep with the current production distribution. O Shift all production to plant 2. O Shift more production to plant 1 and less from plant 2
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