Refer to the information provided in Figure 16.3 below to answer the questions that follow. Figure 16.3
-Refer to Figure 16.3. When Bill plays his saxophone he imposes costs on his wife. If Bill does not take these costs into consideration he will play his saxophone for ________ hours per day.

Question

Refer to the information provided in Figure 16.3 below to answer the questions that follow.  Figure 16.3
-Refer to Figure 16.3. When Bill plays his saxophone he imposes costs on his wife. If Bill does not take these costs into consideration he will play his saxophone for ________ hours per day.

Quizplus · Accepted Answer

If Bill does not consider the costs imposed on his wife, he will play for the maximum amount of time he desires, which is seven hours per day.

Refer to the Information Provided in Figure 16