Table 1-1 Lydia Runs a Small Nail Salon in the Town of Salon

question 21

Multiple Choice

Table 1-1

Lydia runs a small nail salon in the town of New Hope. She is debating whether she should extend her hours of operation. Lydia figures that her sales revenue will depend on the number of extra hours the nail salon is open as shown in the table above. She would have to hire a worker for those extra hours at a wage rate of $10 per hour.
-Refer to Table 1-1.What is Lydia's marginal benefit if she decides to stay open for an extra two hours instead of one hour?

• A)$25
• B)$50
• C)$75
• D)$125

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Definitions:

Theory of Emotion

A set of ideas aimed at explaining how and why people experience emotions, including the physiological and psychological processes involved.

Pedophiles

Adults who are sexually attracted to prepubescent children, which is a psychiatric disorder and subject to legal consequences.

Unpredictability

The quality of being unable to be predicted or foreseen, often leading to a sense of uncertainty or variability in outcomes.

Stressful

Characterized by or causing stress or anxiety.