Many stores are open 24 hours a day.When store managers make the decision to stay open 24 hours,it must be the case that the:
A) marginal benefit of staying open all day and the marginal cost to remaining open all day are at least equal.
B) marginal benefit of staying open all day must always be greater than the marginal cost to remaining open all day.
C) marginal cost of staying open all day must always be greater than the marginal benefit to remaining open all day.
D) calculation of marginal benefits or marginal costs of remaining open all day play no role.
E) marginal benefit of remaining open all day is zero.

Question

Quizplus · Accepted Answer

When a store manager decides to stay open 24 hours a day, they must weigh the benefits of increased sales and customer satisfaction against the costs of additional labor, utilities, and security. If the marginal benefit of staying open all day and the marginal cost to remaining open all day are at least equal, then it makes sense for the store to remain open 24 hours. Therefore, choice A is the best answer.

Many Stores Are Open 24 Hours a Day