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3. Determine whether the following statements better describe optimization using total value or optimization using marginal analysis. a. John is attempting to decide on a

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3. Determine whether the following statements better describe optimization using total value or optimization using marginal analysis. a. John is attempting to decide on a movie (all movies have the same ticket price). He determines that the new Batman movie provides him with comparatively more of a benefit than the new Spiderman movie and that both the Batman and Spiderman movies have comparatively more of a benefit than the new Superman movie. b. Marcia finds that the net benefit of flying from Chicago to Honolulu on a non-stop United Airlines flight is $400, and the net benefit of the same trip flying on a one-stop American Airlines flight is $200. c. Nikki decided to jog 3 miles for exercise by reasoning that a 3-mile jog was better than either a 2-mile jog or a 4-mile jog. d. At a yard sale, Reagan calculated that she was willing to pay $200 for a queen bed that was being sold for $100 (generating net benefit of $100) and that she was willing to pay $220 for a king bed that was being sold for $300 (generating net benefit of -80)

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