Answer 1st Part:
The completed table is as follows:
Answer 2nd Part:
Workings:
We observe from above table up to 4 pounds of compost Marginal benefit is higher than the marginal cost.
When 5 pounds of compost is added, marginal benefit goes below marginal cost.
Hence you should add 4 pounds of compost.
To eam extra money in the summer, you grow tomatoes and sell them at a local...
Seved Help To eam extra money in the summer. you grow tomatoes and sell them at a local farrmers' market for $0.30 per pound. By adding compost to your garden, you can increase your yield as shown in the accomparying table. Instructions: Determine the number of additional pounds of tomatoes you are able to grow by using each additional pound of compost. Then compute the additional revenue for marginal benefit) from cach addlitional pound of compost. Enter your responses in...
To earn extra money in the summer, you grow tomatoes and sell them at a local farmers' market for $0.15 per pound. By adding compost to your garden, you can increase your yield as shown in the accompanying table Instructions: Determine the number of additional pounds of tomatoes you are able to grow by using each additional pound of compost. Then compute the additional revenue (or marginal benefit) from each additional pound of compost. Enter your responses in the table...
Problem 01-02 To earn extra money in the summer, you grow tomatoes and sell them at a local farmers' market for $0.30 per pound. By adding compost to your garden, you can increase your yield as shown in the accompanying table. sInstructions: Determine the number of additional pounds of tomatoes you are able to grow by using each additional pound of compost. Then compute the additional revenue (or marginal benefit) from each additional pound of compost. Enter your responses in...
in the summer, you grow tomatoes and sell them at a local farmers market for S015 per pound By adding compost to your garden, you can increase your yield as shown in the accompanying table Instructions: Determine the number of additional pounds of tomatoęs y compost. Then compute the additional revenue (or marginal benefitlfrom each additional pound of compost. Enter y ou are able to grow by using each additional pound of the table below, rounding the marginal benefit of...
Please answer 1-8
on the $20 she ce th he $10 ck than bef ade think of their aie travel a freguenr-flyer likely to make waster et you versit 4. Toms is a double i and sold of $200 Dick h making ndable ruition payme r university ehis semester would your answer difer if you refund to any stu si offer of school during the fist S. Suppn questi of the semester? iLo ely to Kus om same your a...