what is the marginal cost (mc) and marginal benefit (mb) of hiring each worker? using the rational rule to maximize her economic surplus, how many workers should aliyah hire?

Respuesta :

Aliyah should hire three workers. Marginal gain is the most quantity of money a consumer is willing to pay for an extra appropriate or service.

The consumer's delight tends to minimize as consumption increases. Marginal fee is the alternate in value when an extra unit of a excellent or carrier is produced.

What is MC and MB in economics?

Economists are making sensible preferences by way of comparing the extra advantage to the corresponding extra price at every decision. The more benefit is referred to as Marginal gain (MB); the extra fee is referred to as Marginal cost (MC). You must only choose an object when its MB is higher or equal to its MC.

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