Marginal Net Benefits in the Table A) Initially Increase, Reach a Maximum, and Then Decrease
Question 111
Question 111
Multiple Choice
Marginal net benefits in the table: Control Variable Q012345678910 Total Benefits B(Q) 09001,7002,400A3,5003,9004,2004,4004,5004,500 Total Costs C(Q) 01003006001,0001,5002,1002,800B4,5005,500 Net Benefits N(Q) 0800C1,8002,0002,0001,8001,4008000−1,000 Marginal Benefit M(Q) −−900800700600500D3002001000 Marginal Cost M(Q) −−100200E4005006007008009001,000 Marginal Net Benefit MNB(Q) −−800600400200F−200−400−600−800−1000
A) initially increase, reach a maximum, and then decrease. B) initially decrease, reach a minimum, and then increase. C) remain relatively stable over different values for the control variable. D) decrease at a constant rate.
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