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Author Question: Table 1-2 Julius runs a small tailor shop in the city of Bloomfield. He is debating whether he ... (Read 755 times)

Kikoku

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Table 1-2







Julius runs a small tailor shop in the city of Bloomfield. He is debating whether he should extend his hours of operation. Julius figures that his sales revenue will depend on the number of additional hours the tailor shop is open as shown in the table above. He would have to hire a worker for those hours at a wage rate of $18 per hour. 






Refer to Table 1-2. Using marginal analysis, how many hours should Julius extend his shop's hours of operations?


◦ 2 hours
◦ 3 hours
◦ 4 hours
◦ 5 hours
◦ 6 hours


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Marked as best answer by Kikoku on Mar 15, 2019

anyusername12131

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Kikoku

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Reply 2 on: Mar 15, 2019
Gracias!


meganmoser117

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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