Your answer(s) should be in paragraph form. with complete sentences. Grammar is important !One or two paragraphs should be sufficient to answer each question.Support your answer with economic reasoning and facts.

4-1 Extent Versus Discrete Problems

Identify which of the following are extent decisions.

a. Decide whether to expand an existing product into a new region.

b. What discount should be given on products during the upcoming holiday sale?

c. Should the advertising budget be changed for the upcoming year?

d. Should you develop a new product for an existing product line?

4-2 Game Day Shuttle Service

You run a game day shuttle service for parking services for the local ball club. Your costs for different customer loads are 1: $30, 2: $32, 3: $35, 4: $38, 5: $42, 6: $48, 7: $57, and 8: $68. What are your marginal costs for each customer load level? If you are compensated $10 per ride, what customer load would you want?

4-3 Paid for Grades

Children in poor neighborhoods have bleak outlooks on life and do not see much gain to studying. A recent experiment is paying children in poor neighborhoods $100 for each "A" they earn in a six-week grade reporting cycle. How does this affect behavior?