Total Benefit

The total cost to produce the first unit of the good is $1 (Area 1). The cost of producing an additional unit of the good is an additional $2 (Area 2) for a total cost of $3 (Area 1 +Area 2) to produce a total of 2 units. If the producer wanted to producer a third unit, the additional cost of producing that extra unit would be $3 (Area 3). ................
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