The Figure Above Shows the Demand and Cost Conditions for a Firm

question 93

Multiple Choice

The figure above shows the demand and cost conditions for a firm with two plants.How should the firm allocate total output between the two plants in order to maximize profit?

• A)produce 10 units in plant 1,20 units in plant 2
• B)produce 30 units in plant 1,20 units in plant 2
• C)produce 40 units in plant 1,40 units in plant 2
• D)produce 40 units in plant 1,50 units in plant 2
• E)produce 55 units in plant 1,60 units in plant 2

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Definitions:

Legislation

The act of making or enacting laws, typically carried out by a legislative body such as a parliament or congress.

Bilingual Children

Children who have the ability to understand and use two languages through the process of being exposed to two different linguistic environments.

Vocabulary

The set of words known and used by a person in a language.

Monolingual Children

Children who are exposed to and develop proficiency in only one language during childhood.