MSC104MSB100200300400500600Quantity (dozens of doughnuts per day)18) The above figure shows the marginal social benefit and marginal social cost curves ofdoughnuts in the nation of Kaffenia. There is no external benefit. What is the marginal benefit tothe citizen of Kaffenia who consumes the 100th dozen doughnuts each day? [5 POINTS]A) $10.00 per dozenB) $8.00 per dozenC) $6.00 per dozenD) $4.00 per dozen19) The above figure shows the marginal social benefit and marginal social cost curves ofdoughnuts in the nation of Kaffenia. What is the marginal social cost to the economy of Kaffeniaof producing the 100th dozen doughnuts each day? [4 POINTS]A) $10.00 per dozenB) $8.00 per dozenC) $6.00 per dozenD) $4.00 per dozenMarginal cost and marginal benefit(dollars per dozen)

18) The above figure shows the marginal social benefit and marginal social cost curves of doughnuts in the nation of Kaffenia. There is no external benefit. What is the marginal benefit to the citizen of Kaffenia who consumes the 100th dozen doughnuts each day? [5 POINTS] A) $10.00 per dozen B) $8.00 per C) $6.00 per dozen D) $4.00 per dozen dozen 19) The above figure shows the marginal social benefit and marginal social cost curves of doughnuts in the nation of Kaffenia. What is the marginal social cost to the economy of Kaffenia of producing the 100th dozen doughnuts each day? [4 POINTS] A) $10.00 per dozen B) S8.00 per dozen C) $6.00 per dozen D) $4.00 per dozen

18) The above figure shows the marginal social benefit and marginal social cost curves of doughnuts in the nation of Kaffenia. There is no external benefit. What is the marginal benefit to the citizen of Kaffenia who consumes the 100th dozen doughnuts each day? [5 POINTS] A) $10.00 per dozen B) $8.00 per C) $6.00 per dozen D) $4.00 per dozen dozen 19) The above figure shows the marginal social benefit and marginal social cost curves of doughnuts in the nation of Kaffenia. What is the marginal social cost to the economy of Kaffenia of producing the 100th dozen doughnuts each day? [4 POINTS] A) $10.00 per dozen B) S8.00 per dozen C) $6.00 per dozen D) $4.00 per dozen

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

MSC
10
4
MSB
100
200
300
400
500
600
Quantity (dozens of doughnuts per day)
18) The above figure shows the marginal social benefit and marginal social cost curves of
doughnuts in the nation of Kaffenia. There is no external benefit. What is the marginal benefit to
the citizen of Kaffenia who consumes the 100th dozen doughnuts each day? [5 POINTS]
A) $10.00 per dozen
B) $8.00 per dozen
C) $6.00 per dozen
D) $4.00 per dozen
19) The above figure shows the marginal social benefit and marginal social cost curves of
doughnuts in the nation of Kaffenia. What is the marginal social cost to the economy of Kaffenia
of producing the 100th dozen doughnuts each day? [4 POINTS]
A) $10.00 per dozen
B) $8.00 per dozen
C) $6.00 per dozen
D) $4.00 per dozen
Marginal cost and marginal benefit
(dollars per dozen)

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