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Manager of firm that produces output in two plants. The demand for your firm’s product is...

Manager of firm that produces output in two plants.

The demand for your firm’s product is P = 80 – Q, where Q = Q1 + Q2.

The marginal cost associated with producing in the two plants are MC1 = Q1 and MC2 = 8.

What is the profit maximizing price that the firm should charge?

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