Control Variable Q Total Benefits B(Q) Total Cost C(Q ) Net Benefits N(Q) Margin
ID: 2505673 • Letter: C
Question
Control Variable
Q
Total Benefits
B(Q)
Total
Cost
C(Q)
Net Benefits
N(Q)
Marginal Benefit
MB(Q)
Marginal Cost
MC(Q)
Marginal Net
Benefit
MNB(Q)
100
1,200
950
210
60
101
1,400
70
102
1,590
80
103
1,770
90
104
1,940
100
105
2,100
110
106
2,250
120
107
2,390
130
108
2,520
140
109
2,640
150
110
2,750
160
Control Variable
Q
Total Benefits
B(Q)
Total
Cost
C(Q)
Net Benefits
N(Q)
Marginal Benefit
MB(Q)
Marginal Cost
MC(Q)
Marginal Net
Benefit
MNB(Q)
100
1,200
950
210
60
101
1,400
70
102
1,590
80
103
1,770
90
104
1,940
100
105
2,100
110
106
2,250
120
107
2,390
130
108
2,520
140
109
2,640
150
110
2,750
160
Explanation / Answer
Control Variable (Q) Total Benefits Total Cost Net Benefits Marginal Benefit Marginal cost Marginal net benefit 100 1200 950 250 210 60 150 101 1400 1020 380 200 70 130 102 1590 1100 490 190 80 110 103 1770 1190 580 180 90 90 104 1940 1290 650 170 100 70 105 2100 1400 700 160 110 50 106 2250 1520 730 150 120 30 107 2390 1650 740 140 130 10 108 2520 1790 730 130 140 -10 109 2640 1940 700 120 150 -30 110 2750 2100 650 110 160 -50
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.