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27-12-2022
Business

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A firm has two plants(X and Y) producing the same product which sells for $12 each. Fixed costs are $5,000/year at plant X and $7,000/year at plant Y and variable costs are $3.00/unit and $2.00/unit for X and Y, respectively. The total profit at X and Y are equal when the volume of each plant(units) is:

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