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Trent enjoys going to the movies. In June, he saw 6 movies in the theatre. His Marginal Benefit of the 6 movies was $8, while
Trent enjoys going to the movies. In June, he saw 6 movies in the theatre. His Marginal Benefit of the 6 movies was $8, while his Marginal Cost of the 6 movies was $14. Based upon this information alone, his Economic Surplus
A. would have been smaller if he had instead gone to the movies 5 times.
B. would have been larger if he had instead gone to the movies 5 times.
C. was clearly maximized by going to the movies exactly 6 times.
D. would have been larger if he had instead gone to the movies 7 times.
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