What is the marginal benefit associated with producing six units of the control variable, Q (identify point D in the table Control Total Net Marginal Marginal Marginal Net Total Benefits variable Costs Benefits Benefit Cost Benefit Q B(Q) C(Q) N(Q) MB (Q) MC (0) INB(Q) - 0 - 900 100 800 1 800 200 600 2 E 700 400 3 400 600 200 4 500 500 F 5 D 600 -200 6 300 700 -400 7 200 800 -600 8 100 900 -800 9 0 1,000 -1,000 10 Multiple Choice 200 O O 600 400 100 0 900 1,700 2,400 A 3,500 3,900 4,200 4,400 4,500 4,500 0 100 300 600 1,000 1,500 2,100 2,800 B 4,500 5,500 0 800 с 1,800 2,000 2,000 1,800 1,400 800 0 -1,000
What is the marginal benefit associated with producing six units of the control variable, Q (identify point D in the table Control Total Net Marginal Marginal Marginal Net Total Benefits variable Costs Benefits Benefit Cost Benefit Q B(Q) C(Q) N(Q) MB (Q) MC (0) INB(Q) - 0 - 900 100 800 1 800 200 600 2 E 700 400 3 400 600 200 4 500 500 F 5 D 600 -200 6 300 700 -400 7 200 800 -600 8 100 900 -800 9 0 1,000 -1,000 10 Multiple Choice 200 O O 600 400 100 0 900 1,700 2,400 A 3,500 3,900 4,200 4,400 4,500 4,500 0 100 300 600 1,000 1,500 2,100 2,800 B 4,500 5,500 0 800 с 1,800 2,000 2,000 1,800 1,400 800 0 -1,000
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter13: Positive Externalities And Public Goods
Section: Chapter Questions
Problem 23P: HighFlyer Airlines wants to build new airplanes with greatly increased cabin space. This will allow...
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