(Table: TC's Pizza Parlor) Look at the Table TC's Pizza

question 87

Essay

(Table: TC's Pizza Parlor) Look at the table TC's Pizza Parlor.Assume that the marginal benefit is constant in intervals of production.Suppose five slices of pizza are currently being produced.What is the marginal benefit of producing one more slice of pizza?
A.$3
B.$2
C.$15
D.$55

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Definitions:

Factors Of Production

The resources used in the creation of goods and services, including land, labor, capital, and entrepreneurship.

Inputs

The resources (such as labor, raw materials, and capital) used in the production process to create goods or services.

Resources

Assets, materials, and inputs used to produce goods and services.

Input Market

The market where resources or inputs such as labor, materials, and capital are bought and sold, allowing businesses to produce goods and services.