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A Firm Sells in Two Separate Markets, a and B

Question 44

Short Answer

A firm sells in two separate markets, A and B. The demand functions in the two markets are
QA = 4,000 - 50PA and QB = 3,200 - 160PB.
-If the firm wants to produce 3,200 units of output, in order to maximize revenue from this output it should produce ______ units in plant A and ______ units in B.

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