Total costs in the table are:Control variableTotal BenefitsTotal CostsNet BenefitsMarginal BenefitMarginal CostMarginal Net BenefitQB(Q)C(Q)N(Q)MB(Q)MC(Q)MNB(Q)0000---190010080090010080021,700300C80020060032,4006001,800700E4004A1,0002,00060040020053,5001,5002,000500500F63,9002,1001,800D600-20074,2002,8001,400300700-40084,400B800200800-60094,5004,5000100900-800104,5005,500-1,00001,000-1,000
A. decreasing at a constant rate.
B. increasing at an increasing rate.
C. increasing at a constant rate.
D. decreasing at a decreasing rate.
Answer: B
Economics
You might also like to view...
Economic experiments show that people care more about winning a game than about its intrinsic fairness
a. True b. False Indicate whether the statement is true or false
Economics
What occurs when a price changes and consumers have an incentive to consume less of the good with a relatively higher price and more of the good with a relatively lower price?
a. Budget constraint b. Consumer equilibrium c. Substitution effect d. Income effect
Economics