If you pay $35 for a sticker that entitles you to park on campus for 35 weeks of the year, the marginal parking cost to you of parking your car on campus on any given weekday is:
A)zero.
B)$35.
C)$2.
D)$1.

Question

Quizplus · Accepted Answer

The marginal cost refers to the additional cost of parking one more day, given that the sticker has already been purchased for $35. Since the sticker covers the entire 35 weeks, there's no additional cost per day, making the marginal cost zero.

If You Pay $35 for a Sticker That Entitles You