In the Following Table, the Marginal Benefits for the 3^rd

question 19

Multiple Choice

In the following table, the marginal benefits for the 3^rd malt is Table SEQ Table 1: Marginal and Total Benefit for Chocolate Malts
$$\begin{array} { | c | c | c | } \hline \begin{array} { c } \text { \# of Chocolate } \\\text { Malts }\end{array} & \text { Margiral Benefits } & \begin{array} { c } \text { Total } \\\text { Benefits }\end{array} \\\hline 1 & \$ 6.00 & \\\hline 2 & \$ 5.00 & \$ 11.00 \\\hline 3 & & \$ 15.00 \\\hline 4 & \$ 3.00 & \\\hline 5 & & \$ 20.00 \\\hline\end{array}$$

• A)$1.00
• B)$4.00
• C)$5.00
• D)$15.00

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Definitions:

Expected Rate Of Profit

The anticipated return on an investment, considering potential risks and rewards.

Recessions

Periods of economic decline lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Government Spending

Expenditures by the government sector including spending on goods and services, public works, social services, and transfer payments.

Classical Economists

Economists of the 18th and 19th centuries who believed in free markets, minimal government intervention, and the self-regulating nature of economies.