Many Stores Are Open 24 Hours a Day

question 7

Multiple Choice

Many stores are open 24 hours a day.When store managers make the decision to stay open 24 hours,it must be the case that:

• A) the marginal benefit of staying open all day and the marginal cost to remaining open all day are at least equal.
• B) the marginal benefit of staying open all day must always be greater than the marginal cost to remaining open all day.
• C) the marginal cost of staying open all day must always be greater than the marginal benefit to remaining open all day.
• D) the calculation of marginal benefits or marginal costs of remaining open all day play no role.
• E) the marginal benefit of remaining open all day is zero.

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Definitions:

Our Common Future

A report published by the World Commission on Environment and Development in 1987, defining sustainable development and emphasizing the need for global cooperation to ensure environmental protection and economic growth.

Sustainable Marketing

A marketing approach that seeks to meet the needs of the present without compromising the ability of future generations, focusing on environmental, social, and ethical considerations.

Soy-Based Ink

An environmentally friendly ink made from soybeans, often used in the printing industry as a sustainable alternative to petroleum-based inks.

Fair-Trade

A trading partnership based on dialogue, transparency, and respect, aiming at greater equity in international trade by offering better trading conditions to, and securing the rights of, marginalized producers and workers.