$$\begin{array} { | l | l | }
\hline \begin{array} { l }
\text { Television } \
\text { sets } \
\text { (millions } \
\text { per year) }
\end{array} & \begin{array} { l }
\text { Willingness to } \
\text { pay } \
\text { (computers } \
\text { per television } \
\text { set) }
\end{array} \
\hline 1 & 2.5 \
\hline 2 & 2.0 \
\hline 3 & 1.5 \
\hline 4 & 1.0 \
\hline 5 & 0.5 \
\hline
\end{array}$$
-In the table above, the marginal benefit of the 4 millionth television set is
A) 1.0 computer per television set.
B) 0.25 computers per television set.
C) 0.5 computers per television set.
D) negative 0.5 computers per television set.

Question

$$\begin{array} { | l | l | } 
\hline \begin{array} { l } 
\text { Television } \
\text { sets } \
\text { (millions } \
\text { per year) }
\end{array} & \begin{array} { l } 
\text { Willingness to } \
\text { pay } \
\text { (computers } \
\text { per television } \
\text { set) }
\end{array} \
\hline 1 & 2.5 \
\hline 2 & 2.0 \
\hline 3 & 1.5 \
\hline 4 & 1.0 \
\hline 5 & 0.5 \
\hline
\end{array}$$
-In the table above, the marginal benefit of the 4 millionth television set is
A) 1.0 computer per television set.
B) 0.25 computers per television set.
C) 0.5 computers per television set.
D) negative 0.5 computers per television set.

Quizplus · Accepted Answer

The marginal benefit of the 4 millionth television set is the willingness to pay for it, which is 1.0 computer per television set.

-In the Table Above, the Marginal Benefit of the 4