Question: Your firm's research department has estimated your total revenues to be??28000,3QQQR??and your total costs to be ??22100QQC??. (Note thatQMB16000, 3 ? ? and Q MC 4 ? .
a. What level of Q maximizes net benefits?
b. What is marginal benefit at this level of Q ?
c. What is marginal cost at this level of Q ?
d. What is the maximum level of net benefits?
e. What is another word for net benefits in this example?