Question
Based on current production plans, Tesla will produce the Model 3 sedan at a marginal cost of $30,000 per car and earn marginal revenue of
Based on current production plans, Tesla will produce the Model 3 sedan at a marginal cost of $30,000 per car and earn marginal revenue of $35,000 per cat. How should Tesla adjust this plan in order to increase profits?
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A. Increase output
B. We do not have enough information to answer this question
C. Decrease output
D. Do not change planned output
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Introduction to Operations Research
Authors: Frederick S. Hillier, Gerald J. Lieberman
10th edition
978-0072535105, 72535105, 978-1259162985
