Suppose that the total benefit and total cost from a continuous activity are B(Q) = 76 + 24Q – 2Q² and C(Q) = 60 + 6Q. What level of Q maximize net benefits? At the value of Q that maximize net benefits, what is the value of marginal net benefits?

Answer rating: 100% (QA)

To find the level of Q that maximizes net benefits we first need to find the ... View the full answer