Your firm's research department has estimated your total revenues to be R(Q)= 3,000 - 8Q² and your total costs to be C(Q)= 100 + 2Q².(Note that MB = 3,000 - 16Q and MC = 4Q.)
a.What level of Q maximizes net benefits?
b.What is marginal benefit at this level of Q?
c.What is marginal cost at this level of Q?
d.What is the maximum level of net benefits?
e.What is another word for net benefits in this example?

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The Answer of Your firm's research department has estimated your total revenues to be R(Q)= 3,000 - 8Q² and your total costs to be C(Q)= 100 + 2Q².(Note that MB = 3,000 - 16Q and MC = 4Q.) a.What level of Q maximizes net benefits? b.What is marginal benefit at this level of Q? c.What is marginal cost at this level of Q? d.What is the maximum level of net benefits? e.What is another word for net benefits in this example?

Your Firm's Research Department Has Estimated Your Total Revenues to Be