What is ivan's marginal benefit if he decides to stay open for six hours instead of five hours?

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23-08-2018
Business

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What is ivan's marginal benefit if he decides to stay open for six hours instead of five hours?

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shagojyo shagojyo · Answer 1 · 2018-09-03T17:49:27+02:00

shagojyo shagojyo

03-09-2018

Ivan's marginal benefit if he decides to stay open for six hours instead of five hours is $20. The marginal benefit can be solved by subtracting the total revenue of the equivalent hours.

$550 (6 hours) - $530 (5 hours) = $20

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