Matthew Has Eaten Two Hamburgers and Is Considering a Third

question 142

Multiple Choice

Matthew has eaten two hamburgers and is considering a third.The marginal benefit in his decision is the pleasure from consuming

• A)the third hamburger minus the pleasure from consuming zero hamburgers.
• B)just the third hamburger.
• C)just the second hamburger.
• D)the two previous hamburgers.
• E)all three hamburgers.

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Definitions:

Contribution Margin

The amount remaining from sales revenue after variable costs have been deducted, used to cover fixed costs and generate profit.

Planetary Gearset

A gear system that consists of one or more outer gears (planets) revolving around a central (sun) gear, commonly used in transmissions for its compact size and versatility.

Allison TC10

A specific model of automatic transmission by Allison Transmission, designed for commercial vehicles.

Torque Converter

A fluid coupling consisting an impeller, stator, and turbine used to transmit driving torque from an engine to transmission; it provides continuously variable drive ratios and can multiply torque.