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-Suppose Total Benefits and Total Costs Are Given by B(Y)

Question 115

Multiple Choice

  -Suppose total benefits and total costs are given by B(Y)  = 150Y - 10Y<sup>2</sup> and C(Y)  = 5Y<sup>2</sup>.What level of Y will yield the maximum net benefits? A) 7. B) 10/9. C) 50. D) 150/20.
-Suppose total benefits and total costs are given by B(Y) = 150Y - 10Y2 and C(Y) = 5Y2.What level of Y will yield the maximum net benefits?


A) 7.
B) 10/9.
C) 50.
D) 150/20.

Correct Answer:

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