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Related to the Economics in Practice on page 182. You are the owner of an ice cream shop. You ...

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7 years ago

Related to the Economics in Practice on page 182. You are the owner of an ice cream shop. You normally close at 8:00 pm, but are considering staying open an additional hour. You
A) should only stay open if the additional revenue you generate exceeds the marginal cost of operating an additional hour.
B) already work too hard -- don't stay open any later.
C) should definitely stay open as your profits will increase as your sales increase.
D) should only stay open if the additional revenue you generate exceeds the average total cost of operation.

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