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14-02-2024
Business

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Suppose that the total benefit and total cost from an activity are, respectively, given by the following equations:

B(Q) = 150 + 28Q 5Q2
C(Q) = 100 + 8Q

Note : MB(Q) = 28 10Q
MC(Q) = 8

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

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