Examlex

Solved

-Julianne Runs a Business and Needs to Decide How Many

question 169

Multiple Choice

  -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 Julianne's marginal benefit of staying open per hour is $24. If she is following the marginal principle, how many hours should Julianne stay open? A)  4 hours B)  7 hours C)  6 hours D)  2 hours
-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 Julianne's marginal benefit of staying open per hour is $24. If she is following the marginal principle, how many hours should Julianne stay open?


Definitions:

Golfing Buddy

A friend or associate with whom one regularly plays golf, often used in a business context to imply networking outside of formal settings.

Poor Performer

An individual in a group or organization who consistently fails to meet expected standards of work performance.

Machiavellian Tendencies

Machiavellian Tendencies describe behaviors focused on manipulation, deceit, and exploitation to achieve personal goals.

Manipulate

To control or influence a person, situation, or system, often in a skillful but unfair or deceitful manner.

Related Questions