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asprague24 asprague24
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Posts: 486
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4 years ago


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
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
Read 82 times
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wrote...
4 years ago
6 hours
asprague24 Author
wrote...
4 years ago
Thanks
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