The Marginal Principle 2.1 A taxi company currently has nine cabs in its fleet, and its total

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The Marginal Principle 2.1 A taxi company currently has nine cabs in its fleet, and its total daily cost is $4,000. If the company added a tenth cab, its daily total cost would be $4,200, or $420 per cab. Adding the tenth cab will increase the daily total revenue by $300. Should the company add the tenth cab? (Yes/No)

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Macroeconomics Principles Applications And Tools

ISBN: 123885

8th Edition

Authors: Arthur OSullivan ,Steven Sheffrin ,Stephen Perez

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