Suppose the total benefit and total cost from a continuous activity are, respectively, given by the following equations.

B(Q)=100+36Q-4Q² and C(Q) =80+12Q

(Note: MB(Q)=36-8Q and MC(Q) =12)

Instructions: Use a negative sign (-) where appropriate

a. Write out the equation for the net benefits.

N(Q)= _________+_________ Q+__________Q²

b. what are the net benefits when Q=1? Q=5?

Net Benefits when Q=1: ________

Net Benefits when Q=5: ________

Write out the equation for the marginal net benefits.

MNB (Q) = _______+________ Q

c. What are the marginal net benifiets when Q=1? Q=5?