Use the following to answer question:
-(Figure: The Marginal Benefit Curve)Use Figure: The Marginal Benefit Curve.The total benefit of mowing four lawns is approximately:

Question

Use the following to answer question: 
-(Figure: The Marginal Benefit Curve)Use Figure: The Marginal Benefit Curve.The total benefit of mowing four lawns is approximately:

Quizplus · Accepted Answer

The marginal benefit curve shows that the fourth lawn mowed provides a marginal benefit of $29. Therefore, the total benefit of mowing four lawns is approximately $114 ($29 x 4 = $116, but since the first lawn mowed only provides a marginal benefit of $2, we subtract that from the total). Therefore, the best choice is to mow all four lawns.

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