-What Is Marginal Benefit for the 4^th Unit of the }

question 103

Multiple Choice

$\begin{array}{cccccc}\text { Level of } & \text { Total } & \text { Total } & \text { Marginal } & \text { Marginal } & \text { Net } \\\text { Activit } & \text { Beneft } & \text { Cost } & \text { Benefit } & \text { Cost } & \text { Benefit }\\\hline0&-&0&xx&xx&0\\1&200&30&-&-&-\\2&-&-&100&-&230\\3&-&-&-&50&270\\4&450&-&-&65&-\\5&-&255&30&-&-\\6&500&-&-&75&-\end{array}$
-What is marginal benefit for the 4^th unit of the activity?

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Definitions:

Registered Retirement Savings Plan

A type of Canadian account for holding savings and investment assets, aimed at facilitating retirement savings.

End-of-month payments

Payments made at the conclusion of the month, often used in context with loans, rents, and utilities.

Compounded monthly

The process of adding interest to the principal sum of a loan or deposit, where this addition of interest occurs once every month.

Compounded annually

Interest calculated once a year on the principal amount of an investment, including any interest from previous periods.