A Firm Has Two Plants, X and Y

question 104

Multiple Choice

A firm has two plants, X and Y. Suppose that the cost of producing x units at plant X is dollars and the cost of producing y units of the same product at plant Y is given by dollars. If the firm has an order for 3,000 units, how many should it produce at each plant to fill this order and minimize the cost of production? ​

• A) 1,500 at plant X; 1,500 at plant Y
• B) 2,500 at plant X; 500 at plant Y
• C) 1,000 at plant X; 2,000 at plant Y
• D) 3,000 at plant X; 0 at plant Y
• E) 2,000 at plant X; 1,000 at plant Y

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Definitions:

Same-Sex Packs

Social groups or gatherings composed of individuals of the same sex, often found in various species for reasons including safety, foraging, or reproductive strategies.

Providing Help

Assistance or support given to someone in need.

Noticing the Situation

The act of becoming aware of or paying attention to something in one's environment, often the first step in deciding how to react.

Interpreting the Situation

The process of understanding and making sense of an event or circumstances, often by analyzing available information and context.