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Cassie's Quilts alters, reconstructs, and restores heirloom quilts. Cassie has just spent $800 ...

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Cassie's Quilts alters, reconstructs, and restores heirloom quilts. Cassie has just spent $800 ...

Cassie's Quilts alters, reconstructs, and restores heirloom quilts. Cassie has just spent $800 purchasing, cleaning, and reconstructing an antique quilt which she expects to sell for $1,500 once she is finished. After having spent $800, Cassie discovers that she would need some special period fabric that would cost her $200 in material and time in order to complete the task. Alternatively, she can sell the quilt "as is" now for $900. What is her marginal benefit if she sells the quilt "as is" now?
A) $100
B) $900
C) She makes a marginal loss of $600, not a marginal benefit.
D) The marginal benefit cannot be determined.

Textbook

InMacro

Edition: 1^st

Authors: Hubbard, O'Brien

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Ajumper1

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More solutions for this book are available here

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jacobysmith Author

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5 years ago

this is exactly what I needed

ezsancheezy

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Thanks for your help!!

jamesbove

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Thanks

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