cost. 7 INCORRECT What total output should the firm produce? A) 200 units B) 300 units C) 400 units D) 450 units E) 850 units 8 INCORRECT How should the firm allocate sales between the two markets? A) 150 in each market B) 250 in market 1, 200 in 2 C) 150 in market 1, 300 in 2 D) 200 in each market E) 300 in market 1, 100 in 2 9 INCORRECT What price should the firm charge in each market? A) P1 = $60, P2 = $60 B) P1 = $55, P2 = $70 C) P1 = $40, P2 = $50…
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