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smithc52 smithc52
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A year ago
Shirley has to choose between a 2-day trip and a 3-day trip to Hollywood. The table below shows the expected benefit and cost for the different days. Apply both optimization using total value and optimization using marginal analysis to determine what Shirley's optimum decision should be. Does the decision differ with the techniques used? Which technique is faster to implement?

DayCostBenefit
1$750$800
2$900$1,000
3$600$800
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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dorkiexcicidorkiexcici
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A year ago
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smithc52 Author
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A year ago
Smart ... Thanks!
ethom947
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Yesterday
Thanks
karamsidhu1
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2 hours ago
Just got PERFECT on my quiz
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