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Question 21 Not yet answered Points out of 1.00 Flag question Suppose that the total benefit and total cost from a continuous activity are,
Question 21 Not yet answered Points out of 1.00 Flag question Suppose that the total benefit and total cost from a continuous activity are, respectively given by the following equations: B(Q)=15.6+11.7Q-3.6Q2 and C(Q)=9.8+3.8Q. [Note: MB(Q)=11.7-(2) (3.6Q) and MC(Q)=3.8]. What are the marginal benefits at Q=1? Answer:
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