Multiple Choice
A multi- plant firm has three plants. At its current production levels, the marginal cost of production is $1.50 at plant 1, $1.50 at plant 2, and $1.50 at plant 3. The firm's overall marginal cost of production is _______.
A) $7.50
B) $1.50
C) $4.50
D) $3.00
Correct Answer:
Verified
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