A snickers bar costs 100 each at the concession stand at, Ask an Expert

Economics

A snickers bar costs $1.00 each at the concession stand at Notre Dame football games. Amanda revealed how much she is willing to pay for each snickers sold at the concession stand. She value the first bar at $2.00 and her marginal benefit declines by $0.30 for every additional bar. What is the marginal benefit of the 8th snickers bar?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91917676

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