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

question 106

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 Krystal's marginal benefit of staying open per hour is $18. If she is following the marginal principle, how many hours should Krystal stay open?

• A) 3 hours
• B) 4 hours
• C) 6 hours
• D) 7 hours

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Regulations set by central banks determining the minimum amount of reserves that banks must hold against deposits, influencing liquidity and lending capacities.