Question: Answer the next 6 questions using the following marginal benefit ( MB ) and marginal cost ( MC ) functions for activity A : M

Answer the next 6 questions using the following marginal benefit (MB) and marginal cost (MC) functions for activity A :
MB=1200-20A and MC=500+30A
and the following total benefit (TB) and total cost (TC) functions:
TB=1200A-10A2 and TC=500A+15A2
1- Undertaking the 10th unit of the activity A
Net Benefit by
2- Undertaking the 20th unit of the activity A
Net Benefit by
3- The optimal level of activity A** is
4- At the optimal activity level of A**, Net Benefit is equal to
5- Eliminating the 25th unit of the activity Total Benefit by and
Total Cost by
6- What level of activity maximizes TOTAL Benefit?
 Answer the next 6 questions using the following marginal benefit (MB)

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