1. What is the economic goal of this process? With the table in (a), determine the economically optimal level of the control variable Q. Explain. The economic goal of this

2. State the economic condition for a manager's optimal level of the control variable Q. With data from your Table in 

(a), provide a graphical illustration and a brief explanation supporting your stated economic condition for the optimal level of Q.

 

Control Variable	Total Benefits	Total Cost TC(Q)	Net Benefits, NB(Q)	Marginal Benefits, MB(Q)	Marginal Cost, MC(Q)	Marginal Net Benefits, MNB(Q)
Q	TB(Q)
100	1100	800		--	--	--
101	1330	880	450	230	80	150
103	1730	1080	650	200	100	100
106	2240	1440	800	170	120	50
110	2860	1960	900	155	130	25
115	3597.5	2635	962.5	147.5	135	12.5
120	4297.5	4035	262.5	140	280	-140