$2.000 economic profit Question 2 The costs and benefits of an agricultural irrigation project have been estimated such that the benefits are: B(Q) - 320Q - 8Q2 and the total costs are: C(Q) = 100 + 2Q2. This means: MB(Q) - 320 - 16Q and the MC(Q) - 4Q. If the quantity of irrigation is Q = 12, it would be profitable or advantageous to: to keep the current amount or level of the activity constant. O decrease the level or amount of this activity. increase the level or amount of this activity. Onone of the above. D Question 3 U