The multiplant monopolist will maximize profits when

0 votes
    the total quantity produced is allocated amongst the plants at the quantities where the marginal revenue is equal to the marginal cost of production at each plant.
     the total quantity produced is allocated amongst the plants so that the average total cost of production is minimized.
     each plant is producing at an output level that corresponds to the minimum point on its average total cost curve.
     Both 1 and 3.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

0 votes
the total quantity produced is allocated amongst the plants at the quantities where the marginal revenue is equal to the marginal cost of production at each plant.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)



...