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Author Question: Marginal AnalysisYou own a record store and would like to maximize profit. The table shows the total ... (Read 487 times)

madimontg

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on: Nov 23, 2022
Marginal Analysis

You own a record store and would like to maximize profit. The table shows the total revenue and the total cost for the total hours in which you keep the store open. How many hours should you keep the shop open?
Hours OpenTotal RevenueTotal Cost
000
101,563​331​
152,622​932​
253,406​1,716​
404,081​2,763​
604,337​78.4​

◦ 15 hours
◦ 40 hours
◦ 60 hours
◦ 25 hours
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by madimontg on Nov 23, 2022

DevinBrifm

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Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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madimontg

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Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review

at

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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