You are thinking of becoming an economic consultant after finish this course. At the ongoing market rates, you could charge clients $100 per hour. The maximum number of hours of consulting you can provide each day is 12 hours. The marginal cost of each hour of consulting is given in the table below. If you want to maximize profits, how many hours of consulting should you provide each day? Hour Marginal Cost 1 $40 2 $30 3 $20 4 $30 5 $40 6 $50 7 $60 8 $70 9 $80 10 $90 11 $100 12 $110