MB_MC - Total Cost 1 300 80 300 80 2 250 110 550 190 3 200...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
District A: Marginal Benefits # of doctors Total Benefit Marginal Benefit 1 300 300 2 550 250 3 750 200 4 850 100 5 925 75 District B: Benefits # of doctors Total Benefit Marginal Benefit 1 320 320 2 560 240 3 730 170 4 840 110 5 920 80 Benefits and costs of doctors in District A # of doctors Marginal Benefit Marginal Cost Total Benefit
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Total Cost 1 300 80 300 80 2 250 110 550 190 3 200 170 750 360 4 100 240 850 600 5 75 320 925 920 Given the information above use your knowledge of Marginal Analysis to find the optimal number of doctors that should be sent to each district....
View Full Document

This note was uploaded on 03/29/2011 for the course ECON 1102 taught by Professor Tomczyk during the Spring '09 term at Temple.

Ask a homework question - tutors are online