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Table 11
Table 1.11.1 Sergio Tutors Fellow Students For $10\$ 10

question 194

Multiple Choice

Table 1.1
Table 1.11.1
 Hours  Revenue 1$102$203$304$405$50\begin{array}{|l|l|}\hline \text { Hours } & \text { Revenue } \\\hline 1 & \$ 10 \\\hline 2 & \$ 20 \\\hline 3 & \$ 30 \\\hline 4 & \$ 40 \\\hline 5 & \$ 50 \\\hline\end{array}
Sergio tutors fellow students for $10\$ 10 an hour.
-Refer to Table 1.1. Sergio hires an assistant for $5 per hour. What is his marginal cost if he tutors 5 hours a week and also pays his assistant?

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Definitions:

Equal Interests

The concept that parties involved in a transaction, relationship, or matter hold the same degree of importance, value, or rights.

Tenancy At Will

A leasehold estate, or tenancy, that continues for as long as both parties desire.

Rental Agreement

A legal document outlining the terms under which one party agrees to rent property from another party.

Easement

The right to use the land of another for a particular purpose.

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