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    Managerial Economics and Business Strategy Study Set 1
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    Exam 1: The Fundamentals of Managerial Economics
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    Suppose Total Benefits and Total Costs Are Given by B(Y)=
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Suppose Total Benefits and Total Costs Are Given by B(Y)=

Question 113

Question 113

Multiple Choice

Suppose total benefits and total costs are given by B(Y) = 150Y − 10Y2 and C(Y) = 5Y2.Then marginal costs are:


A) 2.5Y.
B) 25Y.
C) 5Y.
D) 10Y.

Correct Answer:

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