Question: Answer correctly Question 1 (5 points) Saved Listen (Table: Marginal and Total Benefit from Baseball Games) Use Table: Marginal and Total Benefit from Baseball Games.


Answer correctly


Question 1 (5 points) Saved Listen (Table: Marginal and Total Benefit from Baseball Games) Use Table: Marginal and Total Benefit from Baseball Games. Sidney is deciding how many baseball games to attend this year. If games are free, how many games should he attend? Table: Marginal and Total Benefit from Baseball Games Number of games Total benefit 0 0 1 50 2 90 3 120 4 140 5 152 6 160 7 164 8 162 ( a) 5 O b) 7 Oc 1 O d) 8Question 2 (5 points) J Saved all (Table: Marginal Analysis of Sweater Production I) Use Table: Marginal Analysis of Sweater Production I. Prot at the optimal quantity of sweaters produced is: Table: Llarginal Analysis of Sweater Production I Quantity of Total revenue Total cost shirts 0 l 2 3 4 5
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