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Figure 2.4 -Joe Runs a Business and Needs to Decide How Many

Question 143

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Figure 2.4 -Joe runs a business and needs to decide how many hours to stay open.Figure 2.4 illustrates his marginal benefit of staying open for each additional hour.Suppose that Joe's marginal cost of staying open per hour is $40.How many hours should Joe stay open? A) 3 hours B) 4 hours C) 5 hours D) 6 hours
Figure 2.4
-Joe runs a business and needs to decide how many hours to stay open.Figure 2.4 illustrates his marginal benefit of staying open for each additional hour.Suppose that Joe's marginal cost of staying open per hour is $40.How many hours should Joe stay open?


A) 3 hours
B) 4 hours
C) 5 hours
D) 6 hours

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