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Testing MOPS

Short Answer


1		Suppose that chocolate bars cost $1 per bar. If the marginal benefit that you derive per additional chocolate bars consumed per day is given by the equation MB = 3 – 2B, where MB is the Marginal Benefits in dollars and B is the number of chocolate bars consumed, how many chocolate bars will you consume per day? Answer this question using math and a graph. Less than < Ampersand &



2		Suppose that you have paid $5 for an all you can eat pizza lunch. If the marginal benefit that you derive per additional slice of pizza consumed per meal is given by the equation MB = 15 – 2.5 S, where MB is the Marginal Benefits in dollars and S is the number of slices of pizza consumed, how many slices will you consume? Answer this question using math and a graph.



3		hi hello Ampersand & and Less than < E acute é and é bold wordsItalics plus sign + percent sign % dollar sign $ %$ hash mark(pound sign) # colon : : ; semicolon ; greater-than sign > > > apostrophe ' and ' quotes " and " and " Joe gets $100 in benefits from attending the Tragically Hip concert if he gets a good seat. His benefits would be $55 for an average seat. Tickets go on sale Saturday morning at 8 am for $40. To get a good seat ticket, Joe will have to wait in line for 4 hours. If Joe buys his ticket later in the day, he can get an average seat without waiting in line. Joe could also buy a good seat from a "scalper" on the day of the concert. The "scalpers charge $80 for a good seat. If Joe values his time at $7 per hour, what should Joe do? What must the value of Joe's time be to make him just willing to buy from a "scalper"?

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