Question
4. A decision at the margin Juanita is a hard-working college sophomore. One Tuesday, she decides to work nonstop until she has answered 100 practice
4. A decision at the margin
Juanita is a hard-working college sophomore. One Tuesday, she decides to work nonstop until she has answered 100 practice problems for her economics course. She starts work at 8:00 AM and uses a table to keep track of her progress throughout the day. She notices that as she gets tired, it takes her longer to solve each problem.
TimeTotal Problems Answered8:00 AM09:00 AM4010:00 AM7011:00 AM90Noon100Use the table to answer the following questions.
The marginal, or additional, gain from Juanita's first hour of work, from 8:00 AM to 9:00 AM, isproblems.
The marginal gain from Juanita's third hour of work, from 10:00 AM to 11:00 AM, isproblems.
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