{"id":22082,"date":"2016-07-28T07:36:52","date_gmt":"2016-07-28T07:36:52","guid":{"rendered":"http:\/\/essayparlour.com\/paperhelp\/uncategorized\/a-monopoly-has-2-production-plants-with-cost-function-c150\/"},"modified":"2016-07-28T07:36:52","modified_gmt":"2016-07-28T07:36:52","slug":"a-monopoly-has-2-production-plants-with-cost-function-c150","status":"publish","type":"post","link":"https:\/\/essayparlour.com\/paperhelp\/economics\/a-monopoly-has-2-production-plants-with-cost-function-c150\/","title":{"rendered":"a monopoly has 2 production plants with cost function c1=50+"},"content":{"rendered":"<p>a monopoly has 2 production plants with cost function c1=50+.1Q1squared and c2=30+.05Q. The demand i&#8230; Show more a monopoly has 2 production plants with cost function c1=50+.1Q1squared and c2=30+.05Q. The demand it faces is q=500-10p. what is the condition for profit? A. MC1(Q1)=MC2(Q2)=P(Q1+Q2) B. MC1(Q1)=MC2(Q2)=MR(Q1+Q2) C. MC1(Q1+Q2)=MC2(Q1+Q2)=p(Q1+Q2) D. MC1 (Q1+Q2) =MC2(Q1+Q2)=MR(Q1+Q2) Would the answer be different if this was a two plant monopolist? Please explain. \u2022 Show less<\/p>\n<p><a href='http:\/\/essayparlour.com\/order'><img id='order_now' class='aligncenter' src='http:\/\/essayparlour.com\/wp-content\/uploads\/2016\/07\/8952039_orig.png' alt='Order Now' name='order_now'><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>a monopoly has 2 production plants with cost function c1=50+.1Q1squared and c2=30+.05Q. The demand i&#8230; Show more a monopoly has 2 production plants with cost function c1=50+.1Q1squared and c2=30+.05Q. The demand it faces is q=500-10p. what is the condition for profit? A. MC1(Q1)=MC2(Q2)=P(Q1+Q2) B. MC1(Q1)=MC2(Q2)=MR(Q1+Q2) <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-22082","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/22082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/comments?post=22082"}],"version-history":[{"count":0,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/22082\/revisions"}],"wp:attachment":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/media?parent=22082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/categories?post=22082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/tags?post=22082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}