If a Multi- Plant Firm Has Three Plants and Uses

question 103

Multiple Choice

If a multi- plant firm has three plants and uses each of the plants to produce its product, the marginal cost to produce the firm's product is equal to ______.

• A)the sum of the average fixed costs from each of the three plants
• B)the plant with the highest marginal cost
• C)the sum of the marginal costs from each of the three plants
• D)the plant with the lowest marginal cost

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Definitions:

Constant Connectivity

The state of being continuously connected to the internet or network, allowing for uninterrupted access to information and communication.

Ethernet Cables

Cabling system used to connect devices on a local area network (LAN), facilitating communication between them.

Propagation Delay

The time it takes for a signal to travel from one point to another in a network, affecting the overall communication speed.

Radio

A technology that uses radio waves to transmit information, such as sound, by modulating properties of electromagnetic energy waves transmitted through space.