Question

Suppose when a television assembly line runs for 6 hours comma it produces 120 televisions.a television assembly line runs for 6 hours, it produces 120 televisions. and if the assembly line runs for one more hour comma it produces a total of 130 televisions.the assembly line runs for one more hour, it produces a total of 130 televisions. the marginal benefit from running the assembly linerunning the assembly line one more hour is​ _______.

Answer 1

Answer: Marginal Benefit = 10 televisions

Explanation:

Marginal benefit is the additional benefits or revenue that is obtained from the production of one more unit or from running the assembly line for one more hour.

In 6 hours we produce 120 televisions.

If we run the assembly line for 1 more hour we produce a total of 130 televisions. That is in 7 hours we produce 130 television.

Thus, $marginal benefit = \frac{130 - 120}{7 - 6}$

$Marginal Benefit = 10 televisions$