Multiple Choice
Table 2.2
-Julianne runs a business and needs to decide how many hours to stay open.Table 2.2 illustrates her marginal costs of staying open for each additional hour.Suppose that we observe Julianne staying open 3 hours per day.If she is following the marginal principle,what must her marginal benefit be?
A) $12
B) $16
C) $18
D) $24
Correct Answer:
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