Table 2.2 -Julianne Runs a Business and Needs to Decide How Many

question 16

Multiple Choice

Table 2.2
-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 we observe Julianne staying open 2 hours per day. If she is following the marginal principle, what must her marginal benefit be?

• A) $12
• B) $20
• C) $8
• D) $22

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Definitions:

Human Being

A member of the species Homo sapiens, characterized by advanced cognitive abilities, use of language, and complex social behaviors.

Brain

The organ located in the skull that coordinates and controls activities of the nervous system, including thought, memory, emotion, touch, motor skills, vision, breathing, temperature, hunger, and every process that regulates our body.

Polarized

Polarized is a term used to describe a situation, opinion, or group that is divided into two extreme positions, with no apparent middle ground.

Neural Membrane

The lipid bilayer that encloses the cytoplasm of neurons, essential for conducting electrical impulses.