Use the following to answer questions:
-(Table: Marginal Benefit of Sweatshirts) Look at the table Marginal Benefit of Sweatshirts. The marginal benefit of producing the second sweatshirt is:

Question

Use the following to answer questions: 
-(Table: Marginal Benefit of Sweatshirts) Look at the table Marginal Benefit of Sweatshirts. The marginal benefit of producing the second sweatshirt is:

Quizplus · Accepted Answer

The marginal benefit of producing the second sweatshirt is the difference in total benefit between producing one sweatshirt and two sweatshirts. If the marginal benefit for the first sweatshirt is $31 and for the second is $15, then the total benefit for two sweatshirts is $31 + $15 = $46. Therefore, the marginal benefit of the second sweatshirt is $15.

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