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The table below shows the relationship between the number of times you get your car washed each month and your total monthly benefit from car washes. Each car wash costs $15. What is the marginal benefit of the 3rd car wash each month?
Functional Exchange
A process in which functions or services are exchanged between or among entities, often in the context of business or software systems, to improve efficiency or performance.
Software Rights
Legal rights related to the licensing, use, and distribution of software.
Forward Auctions
A type of auction where buyers bid against each other to procure a good or service, with the price typically increasing with each bid.
Prices
The amount of money required to purchase goods or services, determined by factors such as supply, demand, and production cost.
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