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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 0 --- 10 --- -10 --- 1 60 60 25 15 35 45 2 110 50 50 25 60 25 3 150 40 85 35 65 5 4 180 30 130 45 50 15 5 200 20 185 55 15 -35 6 210 10 250 65 40 55 7 210 O 325 75 115 75 8 200 -10 410 85 -210 -95 0 What quantity will maximize total net benefits? 0 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? 0
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