Based on the table below, what is the optimal Level of Activity?Total benefitTotal costLevel of Activityof activityof activity00011021732443153864534622312203O O O O O5607 Based on the table below, what is the optimal Level of Activity? Level of Activity Total benefit of activity Total cost ofactivity 000 1 10 3 2 17 4 3 24 6 4 31 12 5 38 20 6 45 32 3 4 5 6 7Based on the table below, what is the optimal Level of Activity?O O O O O5607Total benefitTotal costLevel of Activityof activityof activity001235OOT1017243138645034622212

Detailed explanation: To determine the optimal level of activity based on the provided table, we…

Answered: Based on the table below, what is the…

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter13: Positive Externalities And Public Goods

Section: Chapter Questions

Problem 9RQ: In what ways (it) company investments in research and development create positive externalities?

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to treat a sore back Kyoko undertakes a course of physical therapy.Kyoko's marginal benefit from her first physical therapy session is $250 from her second its $225 , from her third its $175 anf from her its $100. physical threapy sessins cost $175 each. assuming kyoko's final physical threapy session will earn her zero consumer surpus, kyoko will have _ physical threapy sessions and her total consumer surpus will be_ A .four, $0 B. three, $100 c. four, $125 d. three, $125
What is an externality?
In what ways (it) company investments in research and development create positive externalities?
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UNCONSTRAINED MAXIMIZATION Please use the diagram below to answer the questions that follow. TB/TC 4000 3000 2000 1000 O250 O 1000 500 At what level of activity A is total benefit maximized? 125 O 700 200 Submit Answer 400 600 800 At what level of activity A is net benefit maximized? 1000 Activate W Go to Settings Level of A

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