-Refer to Exhibit 1-1

question 161

Multiple Choice

-Refer to Exhibit 1-1.If the student whose study habits are illustrated here is currently studying for the 8th hour,she should

• A) cut back on the number of hours she is studying because the marginal benefit of studying for the 8th hour is less than the marginal cost of doing so.
• B) cut back on the number of hours she is studying because the marginal benefit of studying for the 8th is greater than the marginal cost of doing so.
• C) increase the number of hours she is studying because the marginal benefit of studying for the 8th hour is less than the marginal cost of doing so.
• D) increase the number of hours she is studying because the marginal benefit of studying for the 8th hour is greater than the marginal cost of doing so.