Suppose the total benefit derived from a given decision, q, is b(q) 25q q2 and the corresponding total cost is c(q) 5 q2 , so that mb(q) 25 2q and mc(q) 2q. a. what is total benefit when q 2? q 10? b. what is marginal benefit when q 2? q 10? c. what level of q maximizes total benefit? d. what is total cost when q 2? q 10? e. what is marginal cost when q 2? q 10? f. what level of q minimizes total cost? g. what level of q maximizes net benefits?

For each example identify the most appropriate ctso

Yael decides that she no longer enjoys her job, and she quits to open a gluten-free, dairy-free kosher bakery. she pays a monthly rent for her store of $2,000. her labor costs for one month are $4,500, and she spends $6,000 a month on nut flours, sugar, and other supplies. yael was earning $2,500 a month working as a bank teller. these are her only costs. her monthly revenue is $14,000. which of the following statements about yael’s costs and profit are correct? correct answer(s) an accountant would say she is earning a monthly profit of $1,500. her implicit costs are $2,500 a month. an economist would tell her that she is experiencing a loss. her total costs are $12,500 a month. her explicit costs include the labor, rent, and supplies for her store. her economic profit is $1,500 a month.

Question 55 ted, a supervisor for jack's pool supplies, was accused of stealing pool supplies and selling them to friends and relatives at reduced prices. given ted's earlier track record, he was not fired immediately. the authorities decided to give him an administrative leave, without pay, until the investigation was complete. in view of the given information, it would be most appropriate to say that ted was: demoted. discharged. suspended. dismissed.