Author Question: Table 1-3Extra Hours Open Total Revenue (dollars)1 $702 1203 1604 1845 2006 210Santiago runs a comic ... (Read 40 times)

sarasara · **on:** Oct 5, 2019

Table 1-3

Extra Hours Open	Total Revenue (dollars)
1	$70
2	120
3	160
4	184
5	200
6	210

Santiago runs a comic book store in the town of East Arbor. He is debating whether he should extend his hours of operation. Santiago figures that his sales revenue will depend on the number of extra hours the store is open as shown in the table above. He would have to hire a worker for those extra hours at a wage rate of $18 per hour.

Refer to Table 1-3. Using marginal analysis, by how many hours should Santiago extend his store's hours of operations?

◦

2 hours

◦

3 hours

◦

4 hours

◦

5 hours

◦

6 hours

ansleighelindsey · **Reply #1 on:** Oct 5, 2019

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sarasara · **Reply #2 on:** Oct 5, 2019

Thank you!

ansleighelindsey · **Reply #3 on:** Oct 5, 2019

Always glad to help...

Author Question: Table 1-3Extra Hours Open Total Revenue (dollars)1 $702 1203 1604 1845 2006 210Santiago runs a comic ... (Read 40 times)

sarasara

Table 1-3Extra Hours Open Total Revenue (dollars)1 $702 1203 1604 1845 2006 210Santiago runs a comic ...

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ansleighelindsey

Table 1-3Extra Hours Open Total Revenue (dollars)1 $702 1203 1604 1845 2006 210Santiago runs a comic ...

sarasara

Table 1-3Extra Hours Open Total Revenue (dollars)1 $702 1203 1604 1845 2006 210Santiago runs a comic ...

ansleighelindsey

Table 1-3Extra Hours Open Total Revenue (dollars)1 $702 1203 1604 1845 2006 210Santiago runs a comic ...