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The government is considering how much to invest in new bike lanes to reduce traffic congestion and reduce pollution. The government hire a commission to

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The government is considering how much to invest in new bike lanes to reduce traffic congestion and reduce pollution. The government hire a commission to receive advice on the investment and paid the consultants 500 AUD. The total benefits (TB) of attracting more bike riders, N (in thousands), is given by: TB = 11N - 2N2 The total costs of building bike lanes is given by: TC = 40 + 2N + 2N2. Both total benefits and total costs are expressed in AUD The marginal benefits, MB, of attracting additional riders to use the bike lanes can be expressed as [ Select ] The marginal cost, MC, of attracting additional riders to use the bike lanes can be expressed as [ Select ]

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