Control Variable Q |
Total Beneifts B(Q) |
Total Cost C(Q) |
Net Benefits N(Q) |
Marginal Benefits N(Q) |
Marginal Cost MC(Q) |
Marginal Net Benefit MNB(Q) |
100 |
1200 |
1000 |
|
210 |
90 |
|
101 |
1400 |
|
|
|
100 |
|
102 |
1590 |
|
|
|
110 |
|
103 |
1770 |
|
|
|
120 |
|
104 |
1940 |
|
|
|
130 |
|
105 |
2100 |
|
|
|
140 |
|
106 |
2250 |
|
|
|
150 |
|
107 |
2390 |
|
|
|
160 |
|
108 |
2520 |
|
|
|
170 |
|
109 |
2640 |
|
|
|
180 |
|
110 |
2750 |
|
|
|
190 |
|
Question 1: At what level of the control variable are net benefits maximized?
Question 2: What is the relation between marginal benefit and marginal cost at this level of the control variable?