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If a Multi- Plant Firm Has Three Plants and Uses

Question 34

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

Correct Answer:

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