-The Above Figure Shows Dana's Marginal Benefit Curve for Ice

question 300

Multiple Choice

-The above figure shows Dana's marginal benefit curve for ice cream. If the price of ice cream is $2 per gallon, then Dana's consumer surplus from the 4th gallon

• A) is greater than her consumer surplus from the 8th gallon.
• B) is the same as her consumer surplus from the 8th gallon.
• C) is less than her consumer surplus from the 8th gallon.
• D) could be greater than, equal to, or less than the consumer surplus from the 8th gallon.

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Definitions:

False-To-True Transitions

In digital logic, a change in state from a logical 0 (false) to a logical 1 (true).

Counter Rung

A ladder logic component used in PLC programming to count occurrences of an event.

CTU

In control systems, it typically stands for "Count Up", a function block used in PLC programming for counting events.

Count-Up Counter

A device or program that tallies an increasing count, often used for tracking occurrences or events.