The following table shows the relationship between the speed of a computer's CPU and the benefits and costs.Assume that all other features of the computer are the same,i.e. ,CPU speed is the only source of variation.
Application of the cost-benefit principle would lead one to purchase a __________ computer because __________.
A) 900 Mhz;the total benefit exceeds the total cost
B) 700 Mhz;the marginal benefit is $500 and the marginal cost is $100
C) 600 Mhz;it is certainly fast enough
D) 800 Mhz;the marginal benefits and marginal costs are equal
Correct Answer:
Verified
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