Marginal analysis. Help

Posted by avinash77 on Jun 09, 2017; 6:02pm
URL: http://discussion-forum.276.s1.nabble.com/Marginal-analysis-Help-tp7605249.html

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 10
1 12
2 16
3 22
4 30
5 40
6 52
7 66
How much output should each plant produce?

Please specify your answer as an integer.