Ask Question
29 December, 11:16

Suppose your marginal cost of making a peanut butter and jelly sandwich is constant at $10, but the marginal benefit of eating the sandwich decreases from $12 for one sandwich, to $10 for two sandwiches, to $8 for three sandwiches, to $6 for four sandwiches. How many sandwiches would you eat?

+3
Answers (1)
  1. 29 December, 11:19
    0
    At most 3 sandwiches i would eat at this situation

    Step-by-step explanation:

    Making a first sandwich has a constant value 10$ but its marginal benefit is 12$. There is a 2$ benefit exist if i eat one.

    Making the second one costs 20$ but its marginal benefit is 22$. Still 2$ benefit is exist if i eat the second one also.

    Making the third one costs 30$ ant its marginal benefit also 30$. There is a even situation here. Making three sandwiches still an option.

    After third one marginal benefit becomes lower than marginal cost of sandwiches.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Suppose your marginal cost of making a peanut butter and jelly sandwich is constant at $10, but the marginal benefit of eating the sandwich ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers