question (2) Marginal Cost = Change in cost / Change in quantity
= 400 / 100 = $ 4
Q(3) Marginal Benefit = $500-$100 = $ 400
Q(4) Marginal benefit of 2 bags of seeds = $ 1000-$200 = $ 800
Q(5) Marginal Benefit of 3 bags of seeds = $ 1500-$300 =$ 1200
If he is being rational,maximum number of bags = depends on land available
Answer and Explanation:
Using the given data and information from the given case or scenario , we can state that the statistical competence or significance of the research or study will be affected by the sample size. Here, in this case since Coach Thornton is only testing two groups, she will realize that the sample size tends to be small and thus unrepresentative.
