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Thread: Marginal benefit

  1. #1
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    Marginal benefit

    An optimizing consumer has to choose between two goods–Good A priced at PA and Good B priced at PB. Given that MBA is the marginal benefit from consuming Good A and MBB is the marginal benefit from consuming Good B, the consumer's well-being will be maximized at the point where:
    Select one:
    A. MBA = MBB/PB.
    B. None of the other answers is correct
    C. MBA = MBB.
    D. MBA/PB=MBB/PA.
    E. MBA/PA = MBB/PB.



    Guys is it (C) can you please help me
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  2. #2
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    Re: Marginal benefit

    What is "marginal benefit"? Once more, this is not really a math problem. It is an exercise in the definitions of those words in economics.
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  3. #3
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    Re: Marginal benefit

    Marginal benefit cost/output. Soryy i know that it is very little related to math but i really need help it is my last attempt
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