Question
The equations below show Calvin's estimated per-month benefit of watching n movies on an online movie platform. ( Assume that n can take only integer
The equations below show Calvin's estimated per-month benefit of watching n movies on an online movie platform. (Assume that n can take only integer values.)
Totalbenefit(dollars): TB(n)=495n7n2 Marginal benefit (dollars): MB(n) = 495 14n
Average benefit (dollars): AB(n) = 495 7n
Upon paying a monthly subscription fee of 30 dollars, Calvin will be eligible to watch any movie at P dollars per movie. If Calvin decides to watch 33 movies per month under the scheme, then we can infer that the price per movie (P) is less than or equal to [ Answer02A ] dollars and more than [ Answer02B ] dollars.
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