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1 year ago

What is the marginal benefit of the 4th fried peanut butter and banana sandwich?

1 answer:

8 0

Given the table below describing the total and marginal benefit Elvis gets from fried peanut butter and banana sandwiches.

$\begin{tabular}
{|p {3.5cm}|p {2.0cm}|p {2.6cm}|}
\multicolumn {3} {|c|} {Elvis' Fried Peanut Butter and Banana Sandwich Benefit}\\[2ex]
Fried PBB Sandwiches&Total Benefit (dollars)&Marginal Benefit (dollars)\\[1ex]
1&&42\\
2&&24\\
3&75&\\ 
4&81&\\ 
5&&-3
\end{tabular}$

<span>The marginal benefit of the 4th fried peanut butter and banana sandwich is given by $81 - $75 = $6.</span>

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1 year ago