1/ Eunice's total benefit of consuming n pieces of cake is TB(n) = 72n - n 2...
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Question:
1/
Eunice's total benefit of consuming n pieces of cake is TB(n) = 72n - n2and cake is perfectly divisible and can be consumed at any arbitrary quantity (say, 5.24 pieces). Her marginal benefit is
MB(n) = 72 2n
Suppose the price of cake is $31 per piece. We would expect Eunice to consume[Answer]pieces of cake.
(In decimal numbers, with two decimal places, please.)
2/
Stephen likes eating ice-cream very much.Below is the marginal benefit (MB) Stephen will derive from the consumption of an additional n-th unit of ice-cream.
nMB ($)15424333842251662
From this information, we can compute that the total benefit from the consumption of 4 units of ice-cream is[Answer]dollars.
(In decimal numbers, with two decimal places, please.)
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