Vinnie is looking for an apartment in Regina.In Regina,75% of the two-bedroom,one-bath apartments cost $800 a month and 25% cost $600.Vinnie would prefer to find an apartment that rents for $600.The marginal cost of looking at the first apartment is $15,the marginal cost of looking at the second apartment is $30,and so on.
-Refer to the information above.The expected benefit to Vinnie of searching for an apartment is
A) $400.
B) $200.
C) $100.
D) $50.
E) $25.
Correct Answer:
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