Given the benefit function B(Y)= 400Y − 2Y²,the marginal benefit is: A) 200Y. B) 400 − 2Y². C) 400 − 4Y. D) 800 − 2Y.

Name: Given the benefit function B(Y)= 400Y − 2Y 2 ,the marginal benefit is: A) 200Y. B) 400 − 2Y 2 . C) 400 − 4Y. D) 800 − 2Y.
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Question

Quizplus · Accepted Answer

The marginal benefit is the derivative of the benefit function B(Y) with respect to Y. The derivative of 400Y is 400, and the derivative of -2Y^2 is -4Y, so the marginal benefit is 400 - 4Y.

Given the Benefit Function B(Y)= 400Y − 2Y2,the Marginal Benefit

Given the Benefit Function B(Y)= 400Y − 2Y²,the Marginal Benefit