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#5
4) Suppose total benefits and total costs are given by B(Y)= 600Y-12Y2 and C(Y) = 20Y2. What level of Y will yield the maximu
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Answer #1
Q TR TC MR MC
0 0 0
1 100 50 100 50
2 180 110 80 60
3 250 180 70 70
4 290 270 40 90
5 310 380 20 110

MR (nth unit) = TR (n units) - TR ((n-1) units)

option C is correct (Q = 3)

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