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M2 Interactive Quiz - Identifying Optimal Quantity from a Table Quantity Total Benefit Marginal Benefit Total Cost Marginal Cost Total Net Benefit Marginal Net Benefit
M2 Interactive Quiz - Identifying Optimal Quantity from a Table Quantity Total Benefit Marginal Benefit Total Cost Marginal Cost Total Net Benefit Marginal Net Benefit 0 --- 10 --- -10 --- 35 35 25 15 10 20 2 65 30 45 20 20 10 3 90 25 70 25 20 0 4 110 20 100 30 10 -10 125 15 135 35 -10 -20 6 135 10 175 40 -40 -30 140 5 220 45 -80 -40 8 140 0 270 50 -130 -50 What quantity will maximize total net benefits? What is the marginal benefit at the optimal quantity? What is the marginal cost at the optimal quantity? What is the total net benefit at the optimal quantity
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