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2. Suppose that the total benefit and total cost from an activity are B(Q)=150 + 28Q - 5Q2 and C(Q) = 100 + 8Q. a.
2. Suppose that the total benefit and total cost from an activity are B(Q)=150 + 28Q - 5Q2
and C(Q) = 100 + 8Q.
a. Calculate marginal benefit.
b. Calculate marginal cost.
c. Calculate optimal Q
d. Calculate the optimal net benefit
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