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Explain the profit maximization condition of multi plant monopolist

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Explain the profit maximization condition of multi plant monopolist
Answered Same Day Dec 26, 2021

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David answered on Dec 26 2021
130 Votes
A multi plant monopoly is a monopolistic firm that have their production divided into more than one
production plant, and each plant has different cost and production level.
Maximizing condition for multi plant monopoly is
Where
Marginal revenue
Marginal total cost
Marginal...
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