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Can you please help me with the following task. And please include graphs for total benefits and marginal benefits. Thank you! > Let Q be
Can you please help me with the following task. And please include graphs for total benefits and marginal benefits. Thank you!
> Let Q be pizzas consumed per week. Amy's and Bob's total benefit equations are: TBA = 8QA - 1/4 QA2 TBB = 10QB - 1/8 QB2 a. Write each consumer's marginal benefit equation: MBA = MBB = b. Amy maximizes her total benefit by consuming pizzas per week. Amy's maximum possible total benefit is $. Bob maximizes his total benefit by consuming pizzas per week. Bob's maximum possible total benefit is $. > Suppose the price of a pizza is P = $4. c. Amy buys _ pizzas per week. Her total benefit is $ . Her marginal benefit is $_ Her total expenditure is $_ Her consumer surplus is $ d. Bob buys pizzas per week. His total benefit is $_ His MB is $_ His total expenditure is $. His CS is $.e. Complete the table below. GRAPH TBs in the upper diagram and M35 in the lower diagram for Q values from 0 to 20. Illustrate the case above, in which P = 4Step by Step Solution
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