I also have to answer this questions what are the answers?

2. After completing the above table, focus your attention on the MB and MC associated with the removal of Cafeteria trays with each row of the table above and answer the following.

a. Use the marginal analysis tool to identify 'how much' or 'how many' cafeteria trays should the college consider eliminating? Clearly identify your answer and explain how you found it.

b. What is the end objective that is pursued here? What are you maximizing?

c. Explain why one should use a marginal value principle and why not use average costs and benefits instead?

3. Now generalize your above-recommendation that will inform any business and government policy decision-making.

After here is the explanation on how to answer

To ANSWER the questions 4 to 7 below, refer to the Practice Set on Chapter 1 that is posted under Week 2 module on Canvas.

4. Answer question 12 in the practice set. Your response should be in at least 3-4 lines.

5. Answer question 14 in the practice set. Your response should be in at least 2-3 lines.

6. Answer question 15 in the practice set. Your response should be in at least 2-3 lines.

7. Answer question 16 in the practice set. Your response should be in at least 2-3 lines.

8. Answer question 17 in the practice set. Your response should be in at least 2-3 lines.

9. Answer question 19 (a discussion question) in the practice set. Your response should be in at least 4-5 lines.