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Assume that each trip to Islamorada costs you $1500.00. This is the price per unit. The value to you of each trip is described in
Assume that each trip to Islamorada costs you $1500.00. This is the price per unit. The value to you of each trip is described in the table below. If you are seeking to maximize total net gains from trips to Islamorada, how many trips will you go on? Trips to Islamorada Marginal Benefit 1 $4,600.00 2 $3,600.00 3 $2,600.00 4 $1,600.00 5 $600.00
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