Question: 0 U E S TIO N 5 Nick is at a carnival. The entry ticket price is $5. At the carnival, Nick is considering how

0 U E S TIO N 5 Nick is at a carnival. The entry ticket price is $5. At the carnival, Nick is considering how many hot dogs to eat if he were to think like an economist. Nick expects to get 512 of enjoyment from the rst hot dog. 57 from the second. 54 from the third and $1 from the fourth. The cost of each hot dog is $3. In determining how many hot dogs to eat, the ticket is aJan :[ cost. Type A for AVERAGE cost, M for MARGINAL cost, 8 for SUNK cost, 0 for OPPORTUNITY C051. Using marginal analysis. Nick should consume how many hot dogs? |:|. The maximum surplus for Nick. from eating the number of hotdogs you found in part b (to the nearest whole dollar) is 5:]
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