The graph shows the benefits and costs of consuming BK Breakfast Burgers. Marginal benefit, marginal cost (per BK breakfast Burger) Marginal Benefit and Marginal Cost 8 7 6 5 4 3 2 1 Marginal cost Marginal benefit 1 2 3 4 5 6 7 8 9 10 Quantity of BK Breakfast Burgers At the optimal quantity, what is the total cost of the burgers that are purchased? Your answer:

Principles of Economics, 7th Edition (MindTap Course List)
7th Edition
ISBN:9781285165875
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter21: The Theory Of Consumer Choice
Section: Chapter Questions
Problem 13PA
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The graph shows the benefits and costs of consuming BK Breakfast Burgers.
Marginal benefit,
marginal cost (per
BK breakfast Burger)
Marginal Benefit and Marginal Cost
00
8
7
6
5
4
3
2
1
Marginal
benefit
Marginal
cost
T
T
I
1
2
3
4 5 6 7
8 9 10
Quantity of BK
Breakfast Burgers
At the optimal quantity, what is the total cost of the burgers that are purchased?
Your answer:
☑
Transcribed Image Text:The graph shows the benefits and costs of consuming BK Breakfast Burgers. Marginal benefit, marginal cost (per BK breakfast Burger) Marginal Benefit and Marginal Cost 00 8 7 6 5 4 3 2 1 Marginal benefit Marginal cost T T I 1 2 3 4 5 6 7 8 9 10 Quantity of BK Breakfast Burgers At the optimal quantity, what is the total cost of the burgers that are purchased? Your answer: ☑
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