Question
1. In the attachment Below is the total benefit Michelle estimates she would get for eating handfuls of dried cranberries in one sitting. If a
1. In the attachment Below is the total benefit Michelle estimates she would get for eating handfuls of dried cranberries in one sitting. If a handful of dried cranberries costs $0.50, what is the optimal number of handfuls for Michelle to eat? A. 2. B. 3. C. 4. D. 5. E. 6.2. What role do fixed costs play in marginal analysis? A. They are averaged into the marginal cost. B. Their value is the level that marginal cost should equal. C. The sum of all marginal costs equals the fixed costs. D. They are ignored and have no bearing on marginal cost. E. They determine the marginal benefit a consumer or producer is referencing.
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