Solved: Global corp sells its output at the market price of 7 per, Business Economics

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Global corp sells its output at the market price of 7 per

Global Corp. sells its output at the market price of $7 per unit. Each plant has the costs shown below:

Units of Output Total Cost ($)

0 6

1 8

2 12

3 18

4 26

5 36

6 48

7 62

How much output should each plant produce?

Please specify your answer as an integer.

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Business Economics: Global corp sells its output at the market price of 7 per

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Business Economics: Global corp sells its output at the market price of 7 per

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