57.9k views
3 votes
Text Problem 5

Your total benefits fom consuming different quantities of gas each week are shown in the table below.
Complete the marginal benefit column starting with the step from 0 gallons/week to 1 gallon/week.
Gallons/Week
0
1
Total Benefit (dollar equivalent)
0
Marginal Benefit
4
2
8
3
11
4
14
5
16
DO000000
6
18
7
19
8
19

User Snowneji
by
7.8k points

1 Answer

5 votes

Answer:

Please find the answer in the attached image

Step-by-step explanation:

Please find attached the table used in answering this question

Marginal benefit is the change in total benefit when consumption is increased by one unit

Please find attached the image used in answering this question

Text Problem 5 Your total benefits fom consuming different quantities of gas each-example-1
Text Problem 5 Your total benefits fom consuming different quantities of gas each-example-2
User Andy Theos
by
7.1k points