Solved

Table 2.2 -Julianne Runs a Business and Needs to Decide How Many

Question 12

Multiple Choice

   Table 2.2 -Julianne runs a business and needs to decide how many hours to stay open.Table 2.2 illustrates her marginal costs of staying open for each additional hour.Suppose that we observe Julianne staying open 2 hours per day.If she is following the marginal principle,what must her marginal benefit be? A)  $8 B)  $12 C)  $20 D)  $22
Table 2.2
-Julianne runs a business and needs to decide how many hours to stay open.Table 2.2 illustrates her marginal costs of staying open for each additional hour.Suppose that we observe Julianne staying open 2 hours per day.If she is following the marginal principle,what must her marginal benefit be?


A) $8
B) $12
C) $20
D) $22

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions