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nyounger nyounger
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5 years ago
Pookie's Pinball Palace restores old Pinball machines. Pookie has just spent $300 purchasing and cleaning a 1960s-era machine which he expects to sell for $2,000 once he is finished with the restoration. After having spent $300, Pookie discovers that he will need to rewire the entire machine at a cost of $1,100 in order to finish the restoration. Alternatively, he can sell the machine "as is" now for $1,000. What is his marginal benefit if he sells the machine "as is" now?

• $300

• $900

• $1,000

• The marginal benefit cannot be determined.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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lindslinds
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5 years ago
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nyounger Author
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Thanks
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This site is awesome
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Correct Slight Smile TY
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