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2) If those benefits and costs are yours, how much would you be willing to pay for a pass that would let you consume all

2) If those benefits and costs are yours, how much would you be willing to pay for a pass that would let you consume all the X you wanted?

3) If they charge you $12 for an "all you can consume" pass, how many will you consume?

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This is a schedule of the total benefits and total costs for product "X" Quantity 1 2 3 4 5 6 Total Benefit 7 9 17 22 26 28 29 Total Cost 26 3 6 9 12 15 18 21 Question 4 1 pts Use the marginal principle to predict how much X will be consumed 0 4 0 2 0 3 0 5 O 6

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