What is the level of net benefits when four units are produced?

$\begin{array} { c c c }
\text { No. Units Produced } & \text { Total Revenue } & \text {Total Costs } \
0 & 0 & 0 \
1 & 100 & 50 \
2 & 180 & 110 \
3 & 250 & 180 \
4 & 290 & 270 \
5 & 310 & 380
\end{array}$
A) 0
B) 70
C) -70
D) 20

Question

What is the level of net benefits when four units are produced?

$\begin{array} { c c c } 
 \text { No. Units Produced } & \text { Total Revenue } & \text {Total Costs  } \
0 & 0 & 0 \ 
1 & 100 & 50 \ 
2 & 180 & 110 \ 
3 & 250 & 180 \ 
4 & 290 & 270 \ 
5 & 310 & 380 
\end{array}$
A) 0
B) 70
C) -70
D) 20

Quizplus · Accepted Answer

Net benefits are calculated as Total Revenue minus Total Costs. For four units produced, Total Revenue is 290 and Total Costs are 270, so the net benefits are 290 - 270 = 20.

What Is the Level of Net Benefits When Four Units