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Question: a drug company has a monopoly on a new patented...

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A drug company has a monopoly on a new patented medicine. The product can be made in either of two plants. The marginal costs of production for the two plants are MC1-30+20 MC2 10+302 P-30-3(+2) and The firms estimate of demand for the product is How much should the firm plan to produce in each plant? At what price should it plan to sell the product? (Round your responses to two decimal places.) The firm should produce units in plant 1 and n plant 2 To maximize profits, it should charge a price of $ per unit.

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