I'm needed answer by Microsoft plz Question 1The total benefit and total cost of a one-week vacation in a year for Fatima is givenby the following values.TotalTotalMarginalMarginalBenefitVacationNetNumberBenefitCostCostBenefit11005011080325018042902703101101. Fill in the rest of the table2. What is the number of vacations thatmaximizes Fatima's net benefit? Explainyour answer in details.

As per the details mentioned in the above table the missing boxes has been filed with the applicable…

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The total benefit and total cost of a one- week vacation in a year for Fatima is given by the following values.

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter1: What Economics Is About

Section: Chapter Questions

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Cost of Production

The entire idea of the cost of production or production cost is applied corresponding, or we can say that it is related to monetary cost. Money cost refers to any money expenditure which the firm or supplier, or producer undertakes in purchasing or hiring factor of production or factor services.

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