Question: Identify whether each scenario is an example of a marginal cost, marginal benefit, or neither. Sort each scenario into the correct category. All options should
1. Jonthana is the chef and owner of jonathan's, his restaurant. His specialty is green chili stew and is what most of his customers order. Yesterday, he had made $876 yesterday. Today he had 47 customers and all of them order the specialty, he made $1410, which was more than he made yesterday.
2. Chipset, inc. produces computer chips. Their cost of supplying additional computer chips has just decreased from $7 to 1.5 because their silicone supplier gave them a discount once they purchased enough computer chips, now making it a large bulk purchase.
3. Anna and her family are starting a business selling ukuleles. To start the business, they must pay upfront costs in the form of leasing space and buying equipment.
4. So smooth coffee receives $10 for each additional bag of coffee they sell. They just sold a bag of coffee and made an additional $10
5. The average cost for interplanetary space to transport a 100 seat spaceship between mars and Amsterdam is $100 million.
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