Derive the equation for marginal net benefits

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Reference no: EM13208754

Consider the following total benefit (TB) and total cost (TC) functions and the corresponding marginal benefit (MB) and marginal cost (MC) functions:

TB = 150 + 28 Q - 5 Q2 MB = 28 - 10 Q

TC = 100 + 8 Q MC = 8

generally MNB = MB - MC. Derive the equation for marginal net benefits

Reference no: EM13208754

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Derive the equation for marginal net benefits : Consider the following total benefit (TB) and total cost (TC) functions and the corresponding marginal benefit (MB) and marginal cost (MC) functions: TB = 150 + 28 Q - 5 Q2 MB = 28 - 10 Q TC = 100 + 8 Q MC = 8 generally MNB = MB - MC. Derive the eq..

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