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misserz0210 misserz0210
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A year ago
Marginal Analysis

You own a record store and would like to maximize profit. The table shows the total revenue and the total cost for the total hours in which you keep the store open. How many hours should you keep the shop open?
Hours OpenTotal RevenueTotal Cost
000
101,563​331​
152,622​932​
253,406​1,716​
404,081​2,763​
604,337​78.4​


▸ 15 hours

▸ 40 hours

▸ 60 hours

▸ 25 hours
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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billbyebillbye
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A year ago
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