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Marginal cost-benefit analysis and the goal of the firm. Monsanto Corporation is considering the replacement of scome of its older and ouldated carpet-manutacturing equipment. its

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Marginal cost-benefit analysis and the goal of the firm. Monsanto Corporation is considering the replacement of scome of its older and ouldated carpet-manutacturing equipment. its cbiective is to improve the efficiency of operations in terms of both speed and reduction in the number of defects. The companya finance department has complled pertinent data to conduct a marginal cost-benoft analysis for the peoposed equipment replacement. would be $965,000. The sum of benefs from the romaining ido of the eld oquipment (measured in loday/s dollars) would be $320,000. a. Whet is the marginal benefit of the proposed equipment replacement? b. What is the marginal cont of the proposed equipment replacement? c. What is the net beneft of the proposed equipment replacement? d. What would you recommend the firm do? Why? a. The marginal beneths of the proposod equipment replaceenent : (Round to the neocest dollar.)

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