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Author Question: Minutes of fireworksAnita's MB (dollars per minute)Steve's MB (dollars per minute)16$20$2817 18 2518 ... (Read 37 times)

swpotter12

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on: May 24, 2019
Minutes of fireworksAnita's MB (dollars per minute)Steve's MB (dollars per minute)
16$20$28
17 18 25
18 16 22
19 14 19
20 12 16


The table above shows Anita and Steve's marginal benefits for the annual 4th of July fireworks show at City Park. If Anita and Steve are the only two people in the economy and the marginal cost to produce one minute of fireworks is $28, what is the efficient quantity of fireworks?
◦ 16 minutes
◦ more than 20 minutes
◦ 19 minutes
◦ less than 16 minutes
◦ 20 minutes
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by swpotter12 on May 24, 2019

milbourne11

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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swpotter12

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

diana chang

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Reply 3 on: Yesterday
Wow, this really help

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