Name: Althea E.

Martinez Score: ______________

Course/Yr./Sec.: BSAIS 1-A Date: September 16, 2021

Task/Activity 3: Problem Solving

Examine and complete the table below:

Q Total Total Net Marginal Marginal Marginal

Benefits Costs (Q) Benefits Benefit Cost Net
(Q) (Q) MB (Q) MC(Q) Benefit
MNB(Q)
0 0 0 0 - - -
1 90 10 80 90 10 80
2 175 30 145 85 20 65
3 240 50 190 65 20 45
4 295 85 210 85 35 20
5 350 130 220 55 45 10
6 400 180 220 50 50 0
7 420 215 205 20 35 -15
8 440 270 170 20 55 -35
9 450 350 100 10 80 -70
10 455 460 -5 5 110 -105

After examination and completion of the table, answers the following questions:

1. What are the net benefits when Q = 1? 80 ; Q = 4? 210; Q = 8? 170

2. What are the marginal net benefits when Q = 2? 65; Q = 5? 10; Q = 8? -35
3. What level of Q maximizes net benefits? It will be Level 5 and Level 6 which is 220.
4. At the value of Q that maximizes net benefits, what is the value of marginal net
benefits? The value of the Marginal Net Benefits is 10 and 0.

RUBRICS: For Problem Set/ Proving Quiz:

Score Content Rating

Excellent Content is rich, simple and clear. Content

leads viewers to new discovery. There is an
90-100
opportunity for discovery for the viewer.

Very Good Content is complete and Includes relevant

detail.
80-89
 Good There is adequate detail. Some extraneous
information and minor gaps are included.
70-79
Below There is insufficient detail, or detail is
irrelevant and extraneous.
Expectations
65-69

Solution:
Formula to get the Net Benefits
NB = Total Benefits – Total Cost
NB = TB – TC
1. NB = 90 – 10 6. NB = TB – TC
NB = 80 NB = 400 – 180
NB = 220
2. NB = TB – TC
NB = 175 – 30 7. NB = TB – TC
NB = 145 NB = 420 – 215
NB = 205
3. NB = TB – TC
NB = 240 – 50 8. NB = TB –TC
NB = 190 NB = 440 – 270
NB = 170
4. NB = TB – TC
NB = 295 – 85 9. NB = TB – TC
NB = 210 NB = 450 – 350
NB = 100
5. NB = TB – TC
NB = 350 – 130 10. NB = TB – TC
NB = 220 NB = 455 – 460
NB = -5