Solved

The Following Table Shows the Relationship Between the Speed of a Computer's

Question 97

Multiple Choice

The following table shows the relationship between the speed of a computer's CPU and its benefits and costs. Assume that all other features of the computer are the same (that is, CPU speed is the only source of variation) , and only the CPU speeds listed below are available for purchase.  CPU GHz Total  Benefit  Marginal  Benefit  Total  Cost  Marginal  Cost 2.0$1,000$9002.5$1,400$1003.0$300$1,2003.5$1,900$1,5004.0$2,000$400\begin{array} { | c | c | c | c | c | } \hline \begin{array} { c } \text { CPU } \\\mathrm { GHz }\end{array} & \begin{array} { c } \text { Total } \\\text { Benefit }\end{array} & \begin{array} { c } \text { Marginal } \\\text { Benefit }\end{array} & \begin{array} { c } \text { Total } \\\text { Cost }\end{array} & \begin{array} { c } \text { Marginal } \\\text { Cost }\end{array} \\\hline 2.0 & \$ 1,000 & & \$ 900 & \\\hline 2.5 & \$ 1,400 & & & \$ 100 \\\hline 3.0 & & \$ 300 & \$ 1,200 & \\\hline 3.5 & \$ 1,900 & & \$ 1,500 & \\\hline 4.0 & \$ 2,000 & & & \$ 400 \\\hline\end{array} The marginal benefit of upgrading from a 2.0GHz computer to a 2.5GHz computer is:


A) $1,400.
B) $1,000.
C) $400.
D) $100.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents