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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 92

Question 92

Multiple Choice

Suppose total benefits and total costs are given by B(Y) = 150Y − 10Y2 and C(Y) = 5Y2.What level of Y will yield the maximum net benefits?


A) 7
B) 10/9
C) 5
D) 150/20

Correct Answer:

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