HomeworkLib
Question



1st attempt O See Hint Although you are really tired after a long run, you are considering meeting a friend at the local trac

Although you are really tired after a long run, you are considering meeting a friend at the local track to run a few more miles. You will choose to keep running if 


Choose one: 

A. the marginal benefit of meeting a friend at the local track to run a few more miles outweighs the marginal cost. 

B. the marginal benefit of meeting a friend at the local track to run a few more miles exactly equals the marginal cost. 

C. meeting a friend at the local track to run a few more miles is free, so the marginal cost is zero. 

D. meeting a friend at the local track to run a few more miles is guaranteed to be fun, so the marginal benefit is high.

business   economics   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

✔ Recommended Answer
Answer #1

Ans: the marginal benefit of meeting a friend at the local track to run a few more miles outweighs the marginal cost.

Explanation:

Since you are tired, you will only be interested to run more miles if the marginal benefit of meeting a friend at the local track to run a few more miles outweighs the marginal cost.

Thus, option [A] is correct answer.

0 0
Add a comment
Know the answer?
Add Answer to:
​Although you are really tired after a long run, you are considering meeting a friend at the local track to run a few more miles.
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Similar Homework Help Questions

  • Mary Benninger had sought out her old friend, Tom Chu, to discuss her employment situation. Mary...

    Mary Benninger had sought out her old friend, Tom Chu, to discuss her employment situation. Mary and Tom had both graduated in 1985 from Mackenzie King University, and then studied together to attain their CMA designations in 1988. Soon thereafter, Tom was promoted quickly within his division of a large multi-national auto supply company, and now held the position of vice-president/controller. Mary, on the other hand, had temporarily removed herself from full-time employment in 1990 to raise her young daughter....

  • Rush Inuit is an impulsive, fly-by-the-seat-of-his-pants kind of guy. His best friend, Stu Earley, is the...

    Rush Inuit is an impulsive, fly-by-the-seat-of-his-pants kind of guy. His best friend, Stu Earley, is the exact opposite – cautious and reluctant. The two are recent UNCG graduates who roomed together all … ahem … eight years. You know who they are even though they graduated last year because everyone on campus knows Rush and Stu – they’re legends on the social scene. To make ends meet during college, Rush and Stu organized fun trips to exciting destinations and charged...

  • Read the attached article. Do you feel one style of banking control is more stable than...

    Read the attached article. Do you feel one style of banking control is more stable than the other? Why? Does one banking method minimize market volatility and risk better or is it just packaged differently? Do you feel the US (Western) Banking system can better control the patterns of behavior going forward that have caused economic damage in the past? Should the Fed continue its stimulus policy, reduce it or abandon it entirely (Google some recent articles to research this)?  (Please...

  • The flight attendant had to ask her twice, “Anything to drink, ma’am?” “Oh, sorry. Water, no...

    The flight attendant had to ask her twice, “Anything to drink, ma’am?” “Oh, sorry. Water, no ice, please,” said Noelle Freeman, the CFO of Franklin Climate Systems. Watching the clouds out her window at 30,000 feet, she’d been deep in thought. She was on her way home from two days in Arkansas visiting her company’s largest facility. Franklin was in the business of designing, engineering, and manufacturing climate control systems for cars and SUVs. This is a division of FB...

  • Why did the Energy Telematics project fail and why was Joel's tram vaught off guard by...

    Why did the Energy Telematics project fail and why was Joel's tram vaught off guard by the hostile reaction of the truck drivers at the Omaha depot? MINI CASE Working Smarter at Continental Furniture International Joel Parsons hurried down the hall to the monthly executive committee meeting doing a mental checklist of all the things he was responsible for: sales analysis-check; mar keting stats-check; quarterly and YTD financials-check; operating statistics-check trends in each of these areas-check. Parsons was right hand...

  • Identify 8 issues in regards to Recruitment and Selection, 3 issues for Labour Relation in the...

    Identify 8 issues in regards to Recruitment and Selection, 3 issues for Labour Relation in the following case study : You have recently been hired as an HR Consultant in the new HR Department of Outrage Video Games. Outrage is a five year old, upstart company, run by two very bright young men - Will Bates – President, and his best friend Steve Cobbs, Vice President. This is a very exciting change for you because Outrage, which literally started in...

  • Mini Case Building Shared Services at RR Communications4 4 Smith, H. A., and J. D. McKeen....

    Mini Case Building Shared Services at RR Communications4 4 Smith, H. A., and J. D. McKeen. “Shared Services at RR Communications.” #1-L07-1-002, Queen’s School of Business, September 2007. Reproduced by permission of Queen’s University, School of Business, Kingston, Ontario, Canada. Vince Patton had been waiting years for this day. He pulled the papers together in front of him and scanned the small conference room. “You’re fired,” he said to the four divisional CIOs sitting at the table. They looked nervously...

  • Mini Case Building Shared Services at RR Communications4 4 Smith, H. A., and J. D. McKeen....

    Mini Case Building Shared Services at RR Communications4 4 Smith, H. A., and J. D. McKeen. “Shared Services at RR Communications.” #1-L07-1-002, Queen’s School of Business, September 2007. Reproduced by permission of Queen’s University, School of Business, Kingston, Ontario, Canada. Vince Patton had been waiting years for this day. He pulled the papers together in front of him and scanned the small conference room. “You’re fired,” he said to the four divisional CIOs sitting at the table. They looked nervously...

  • critique or comment (with reputable source citation) on this report ? ASHEVILLE DISASTER RECOVERY Executive Summary...

    critique or comment (with reputable source citation) on this report ? ASHEVILLE DISASTER RECOVERY Executive Summary A stable and prosperous city, Asheville in Western North Carolina operates a Website which has information about the city and can link to various online services. Asheville also created and maintains a popular mobile app for citizen services. Jonathan Feldman, the city’s chief information officer, who participated in the Hurricane Katrina recovery, was concerned by what he found. Asheville has a disaster recovery facility,...

  • Can someone please read this case for me and answer this question and thank you. 1....

    Can someone please read this case for me and answer this question and thank you. 1. Utilize the triple bottom line to measure Uber’s performance under Kalanick’s leadership. Make sure to incorporate examples from the case in your response. Uber - A Startup’s Origins and Early Days Case: Criticizing customers. Short-changing workers. Sassing regulators. Deceiving authorities. Emphasizing rule breaking and ruthlessness in a “win at all costs” workplace culture. Is this what it takes to go from startup to a...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT