Question: Moving to another question will save this response. stion 9 Identify whether each scenario is an example of a marginal cost, marginal benefit, or neither.




Moving to another question will save this response. stion 9 Identify whether each scenario is an example of a marginal cost, marginal benefit, or neither. Asus sells laptops. They sell one more laptop and make an additional $1400. A. not marginal The $1400 is B. a marginal cost The average cost for LG to make a 55inch smart TV is $300. The $300 is C. a marginal benefit 4 OPI is a nail polish manufacturer. Their cost to produce each additional nail polish drops from $5 to $2 because their color supplier gives them a bulk discount. the $2 is 4 Fernando wants to start his own farming business. To do that, he must pay $50,000 to purchase the land. The $50,000 is Sally works as a psychiatrist. For each hour, she charges $100. The $100 is 4 Oliver is a website developer. Each website costs him $135 to develop. The $135 is Moving to another question will save this response. F7 5 6 8 RQuestion 6 10 points Save Ans The graph shows the market for butter when the government imposes a price ceiling of $1.2 per pound of butter. After the price ceiling is in place, how many pounds of butter are bought or sold? (hint: you should first determine if the price control is binding) Price of butter (per pound) $1.40 1.20 A B E 1.00 0.80 0.60 6 8 9 10 12 14
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