Table 2.2 -Krystal Runs a Nail Salon and Needs to Decide How

question 12

Multiple Choice

Table 2.2

-Krystal runs a nail salon 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 Krystal staying open 5 hours and her marginal benefit of staying open per hour is $36. If she is following the marginal principle, Krystal should

• A) stay open 1 more hour.
• B) stay open 2 more hours.
• C) stay open 1 fewer hour.
• D) stay open 2 fewer hours.

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Definitions:

Canada

A country in North America known for its vast landscapes, multicultural cities, and bilingual official languages of English and French.

Singapore

An island city-state off southern Malaysia, known for its global financial center, multicultural population, and strict regulations.

Thailand

A Southeast Asian country known for its tropical beaches, opulent royal palaces, ancient ruins, and ornate temples displaying figures of Buddha.

Interdependent Self

A self that is relatively dependent on social relations and has more fuzzy boundaries.