Question

At a quantity of 130, marginal benefit equals ______ and marginal cost equals _____.

Answer 1

$1.60, $0.50

Step-by-step explanation:

At a quantity of 130, marginal benefit equals $1.60 and marginal cost equals

$0.50.

marginal cost means incremental cost or cost in production of every additional unit it is measured by change in total cost divided by change in number of quantity.

likewise, marginal benefit amount consumer pay on buying additional unit. it is calculated by multiplying quantity with price of that unit.