Multiple Choice
For questions using the following marginal benefit and marginal cost functions for activity A:
MB = 100 - 5A
MC = 20 + 3A
-The optimal level of A is
A) 40
B) 30
C) 20
D) 10
E) 0
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q98: <br> <span class="ql-formula" data-value="\begin{array}{cccccc}\text
Q99: A clinic uses doctors and nurses optimally
Q100: A clinic uses doctors and nurses to
Q101: <br>A manager in charge of
Q102: <br>A manager in charge of
Q103: <br> <span class="ql-formula" data-value="\begin{array}{cccccc}\text
Q104: If the marginal benefits of increasing study
Q105: <br>A radio manufacturer is experiencing
Q106: <br>The manager of the customer
Q108: <br>A metal refining plant emits