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Question 3 Hou are the manager of a wine company that produces output in two plants. The demand for your company's product is P 78-15Q,

Question 3 Hou are the manager of a wine company that produces output in two plants. The demand for your company's product is P 78-15Q, where Q Q:+Q. The marginal costs associated with producing in the two plants are MC, 30, and MC, 20 How much output should be produced in plant 1 in order to maximize profits? a. 1 b. 2 C. 3 d. 4

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