Respuesta :
The marginal benefit of the 100th unit is $35. the expression that best describes the relationship between the marginal benefit and the marginal cost when allocative efficiency is achieved is $10.
What is marginal cost and marginal benefit?
The term "marginal cost" describes the rise in manufacturing costs brought on by the creation of more product units. A different name for it is the marginal cost of production. Businesses may evaluate how volume produced affects cost and eventually profits by calculating the marginal cost. The additional cost to produce a new good is known as the marginal cost. Say, for illustration, that it costs $100 to produce 100 vehicle tyres. It would cost $80 to produce one more tyre. The cost to produce one extra unit of a good or service is then known as the marginal cost. The marginal cost is determined by the production expenses.
A consumer's utmost willingness to pay for an additional commodity or service is known as the marginal benefit. It also refers to the additional pleasure or utility that a customer experiences after purchasing the extra commodity or service.
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