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7 Aug 2019

Suppose the MB of consuming your 4th pineapple is $15, and the MC of the 4th pineapple is $5. The MB of the 3rd pineapple is $35 and the MC of the 3rd pineapple is $5. Which of the following is true?

A). You should definitely consume the 3rd and 4th pineapples because your total net benefit would increase.

B). You should definitely consume the 3rd pineapple because your MNB is $30, but you should not consume the 4th pineapple because your MNB is only $10, which is lower than the 3rd pineapple.

C). You should not consume either the 3rd or the 4th pineapple because your Total Net Benefit would not be maximized

D). None of the above is correct

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8 Aug 2019

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