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Suppose that the total benefit and total cost from a continu.pdf

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Suppose that the total benefit and total cost from a continuous activity are, respectively given by the following equations: B(Q)=17.9+12.5Q3.6Q2andC(Q)=9.5+2.9Q. [ Note: MB(Q)=12.5(2)(3.6Q) and MC(Q)=2.9]. What are the marginal benefits at Q=1 ?.

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Suppose that the total benefit and total cost from a continuous activity are, respectively given by the following equations: B(Q)=17.9+12.5Q3.6Q2andC(Q)=9.5+2.9Q. [ Note: MB(Q)=12.5(2)(3.6Q) and MC(Q)=2.9]. What are the marginal benefits at Q=1 ?

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Suppose that the total benefit and total cost from a continu.pdf

  • 1. Suppose that the total benefit and total cost from a continuous activity are, respectively given by the following equations: B(Q)=17.9+12.5Q3.6Q2andC(Q)=9.5+2.9Q. [ Note: MB(Q)=12.5(2)(3.6Q) and MC(Q)=2.9]. What are the marginal benefits at Q=1 ?