Title: Joe runs a business and needs to decide how many hours to stay open. Figure 2.2 illustrates his ...
Post by: asprague24 on Jul 21, 2019
Joe runs a business and needs to decide how many hours to stay open. Figure 2.2 illustrates his marginal benefit of staying open for each additional hour. Suppose that Joe's marginal cost of staying open per hour is $24. How many hours should Joe stay open?
▸ 3 hours
▸ 4 hours
▸ 5 hours
▸ 6 hours
Title: Joe runs a business and needs to decide how many hours to stay open. Figure 2.2 illustrates his ...
Post by: Antoinette12 on Jul 21, 2019
6 hours
Title: Joe runs a business and needs to decide how many hours to stay open. Figure 2.2 illustrates his ...
Post by: asprague24 on Jul 21, 2019
Thanks