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Mathematics, 24.07.2019 18:20 monk68
It is a hot day at the beach. ice water costs $1 per bottle and this is your only option. your marginal benefit for water follows the equation mb = $10 - $x. x is represents the number of bottles of ice water you have had. so, for example, the marginal benefit of the first bottle is $10 - $1 = $9. the mb of the 2nd bottle is $8 .. and so on. assuming you are an economically rational consumer how many bottles of water will you buy?
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It is a hot day at the beach. ice water costs $1 per bottle and this is your only option. your margi...
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