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The diagrams shown below depict the cost curves of two plants owned by a firm producing video games. Price 0 50 60 70 80 90
The diagrams shown below depict the cost curves of two plants owned by a firm producing video games. Price 0 50 60 70 80 90 100 3 Beta's quantity (in thousands) Price Alpha 30 40 50 60 70 80 9 Alpha's quantity (in thousands) From the positions the curves hold in each graph, it can be deduced that the older, less efficient facility is E If video games are produced in a competitive market and the current price is $90, production in Beta is :| thousand units and production in Alpha is D thousand units. If management sought to transfer 10 thousand units of Alpha's production to Beta, the firm's overall profits would V|, since for those 10 thousand additional units V. Beta's aquantity (in thousands) Alpha's quantity (in thousands) increase From the positions the curves hold in each graph, it can be deduced that the older, less efficient facility is v not change If video games are produced in a competitive market and the current price is $90, production in Beta is :| thousz in Alpha is I: thousand units. decrease If management sought to transfer 10 thousand units of Alpha's production to Beta, the firm's overall profits would \\:', since for those 10 thousand additional units Y. Beta's quantity (in the Alpha's quantity (in thousands) MC Alpha > MCBeta From the positions the curves hold :d that the older, less efficient facility is If video games are produced in a co MC Alpha
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