Questions: What is the marginal benefit of the 4th fried peanut butter and banana sandwich?
Transcript text: What is the marginal benefit of the 4th fried peanut butter and banana sandwich?
Solution
The marginal benefit of the 4th fried peanut butter and banana sandwich is $4.
Explanation:
The marginal benefit is the additional benefit received from consuming one more unit of a good or service. According to the table provided, the marginal benefit for each sandwich is listed in the third column. For the 4th sandwich, the marginal benefit is explicitly given as $4.