Antonio's profit is maximized when he produces frying pans. When he does this, the marginal cost of the last frying pan he produces is $ , which is than the price Antonio receives for each frying pan he sells. The marginal cost of producing an additional frying pan (that is, one more frying pan than would maximize his profit) is $ , which is than the price Antonio receives for each frying pan he sells. Therefore, Antonio's profit-maximizing quantity corresponds to the intersection of the curves. Because Antonio is a price taker, this last condition can also be written as

step 1: create a plan

step 2: inventory facility equipment/assets

step 3: create preventive maintenance procedures

step 4: create preventive maintenance schedules

step 5: train your maintenanceteam

step 6: analyze – adjust - improve

or

step 1 – pm procedure design: doing the effective things

step 2 – pm procedure scheduling: efficient use of people and resources

step 3 – pm lubrication engineering

step 4 – pm training: back on the chain gang

step 5 – pm program management plan

step 6 – communicate, communicate, communicate

answer; blank(1); /rises; blank(2); //increases;

answer; burned it;