Multiple Choice
Answer the question on the basis of the following table that shows the total costs and total benefits facing a city of five different potential baseball stadiums of increasing size.All figures are in millions of dollars.
Refer to the table.The marginal cost and marginal benefit of stadium B (relative to A) are:
A) $20 million and $50 million, respectively.
B) $100 million and $200 million, respectively.
C) $30 million and $50 million, respectively.
D) $20 million and $60 million, respectively.
Correct Answer:
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