y equals his income minus s effort cost. incentives to Arthur to create better videos and attract more viewers, YouTube decides to pay Arthur a bonus b for eac e also has an operational cost 30 ational cost= 32 s the cost of maintaining its internet servers and administrative staf. YouTube's profit equals the ad revenue minus the ind the bonus b that maximizes YouTube's profit. timal bonus is b 02
y equals his income minus s effort cost. incentives to Arthur to create better videos and attract more viewers, YouTube decides to pay Arthur a bonus b for eac e also has an operational cost 30 ational cost= 32 s the cost of maintaining its internet servers and administrative staf. YouTube's profit equals the ad revenue minus the ind the bonus b that maximizes YouTube's profit. timal bonus is b 02
Chapter1: Introducing The Economic Way Of Thinking
Section1.A: Applying Graphs To Economics
Problem 2SQP
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