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?

There's a cartoon that has become a social media meme. two pigs are chatting. the first pig says, "isn't it great? we have to pay nothing for the barn." the second pig replies. "yeah! and even the food is free." this cartoon is frequently linked to a quote that goes something like this: "if you're not paying for it, you're not the customer; you're the product being sold." what do these statements imply about social media? what are the specific ways that social media users become a product that is being sold?