Suppose 100 Citizens Each Derive Marginal Benefit from Submarines According

question 70

Essay

Suppose 100 citizens each derive marginal benefit from submarines according to the function MB = 10 - Q.If subs cost $100 each to produce,what is the efficient quantity of submarines?

---

Definitions:

Social Networks

Social networks are online platforms where users can connect, interact, and share content with others within a virtual community, facilitating communication and social interaction over the Internet.

Bullhorn Reach

A social media and web-based platform designed for recruiters to distribute jobs across the internet and manage candidate responses.

Jobs

Employment or positions in organizations or businesses where individuals can offer their services to perform specific duties in exchange for remuneration.

Ratings And Reviews

Feedback given by consumers on a product or service, usually in the form of a numerical rating and textual review, to express satisfaction, quality, or performance.