Related to the Economics in Practice on page 176: When there are only a few empty cabins on a large cruise ship, the marginal cost of adding extra passengers to occupy those cabins
A) is probably very low.
B) will be negative.
C) is generally quite high.
D) will primarily depend on the number of customers waiting to travel.

Question

Quizplus · Accepted Answer

The marginal cost of adding extra passengers to occupy those cabins is probably very low because the ship is already operating, and the additional costs of accommodating a few more passengers (such as food and cleaning) are minimal compared to the fixed costs of the cruise operation.

Related to the Economics in Practice on Page 176: When