Question: Answer the questions using the following marginal benefit ( M B ) and marginal cost ( M C ) functions for activity A : M

Answer the questions using the following marginal benefit (MB) and marginal cost (MC) functions for activity A :
MB=10-0.05A and MC=2+0.05A
and the following total benefit (TB) and total cost (TC) functions:
TB=10A-0.025A2 and TC=2A+0.025A2.
Undertaking the 70th unit of the activity
Total Benefit by
At the optimal activity level of A*, Net Benefit is equal to
Answer the questions using the following marginal

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