Global Corp. sells its output at the market price of $13 per unit. Each plant has the costs shown below: Units of Output Total Cost ($) 0 8 1 11 2 17 3 26 4 38 5 53 6 71 7 92 How many units of output should each plant produce? Please specify your answer as an integer.

Managerial Economics: A Problem Solving Approach
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ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter7: Economies Of Scale And Scope
Section: Chapter Questions
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Global Corp. sells its output at the market price of $13 per unit. Each plant has the costs shown below:

Units of Output Total Cost ($)
0 8
1 11
2 17
3 26
4 38
5 53
6 71
7 92

How many units of output should each plant produce?

Please specify your answer as an integer.

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