Multiple Choice
Sweet Grams makes graham cracker snack packages. Sweet Grams is a multi- plant firm with two production facilities. The a table summarizes the total marginal cost of production at various output levels in the separate plants. Assume Sweet Grams is a perfectly competitive firm.
-Refer to the table above. If Sweet Grams is a perfectly competitive firm and the market price $1.75 per unit, what is the profit- maximizing quantity for Sweet Grams to produce at Plant 1?
A) 32,500
B) 36,000
C) 32,000
D) 30,100
Correct Answer:
Verified
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