Table 1-3 Santiago Runs a Comic Book Store in the in the Town

question 201

Multiple Choice

Table 1-3
Santiago runs a comic book store in the town of East Arbor. He is debating whether he should extend his hours of operation. Santiago figures that his sales revenue will depend on the number of hours the store is open as shown in the table above. He would have to hire a worker for those hours at a wage rate of $18 per hour.
-Refer to Table 1-3. Using marginal analysis, determine how many hours should Santiago extend his store's hours of operations?

• A) 2 hours
• B) 3 hours
• C) 4 hours
• D) 5 hours
• E) 6 hours

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The Euro Interbank Offered Rate, which is the benchmark rate of the average interest rate at which major global banks lend to one another.

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