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The Marginal Benefit and Marginal Cost Functions for Activity a Are

Question 21

Short Answer

The marginal benefit and marginal cost functions for activity A are
MB = 100 - 0.04A
MC = 28 + 0.02A
-The 1,400th unit of A increases total benefit by $______ and total cost by $______ thereby _____________________ net benefit by $__________.

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$44; $56; ...

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