If Jane works for 6 hours she can rent out 9 apartments, and if she works for 7 hours she can rent out 12 apartments. The marginal benefit of Jane's 7^th hour of work equals:

Question

Quizplus · Accepted Answer

To find the marginal benefit, we need to calculate the additional apartments Jane can rent by working an extra hour. So, marginal benefit = (apartments rented in 7 hours) - (apartments rented in 6 hours) = 12 - 9 = 3 apartments. Therefore, the best choice is to work for 7 hours as that gives the highest marginal benefit of 3 apartments, whereas working for 8 hours or more would result in a lower marginal benefit.

If Jane Works for 6 Hours She Can Rent Out