MyLab Economics with Pearson eText -- Access Card -- for Microeconomics
MyLab Economics with Pearson eText -- Access Card -- for Microeconomics
2nd Edition
ISBN: 9780134519517
Author: Daron Acemoglu, David Laibson, John List
Publisher: PEARSON
Question
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Chapter 3, Problem 2P

a.

To determine

If the restaurant should stay open or closed when marginal revenue is $250.

b.

To determine

If the restaurant should stay open or closed when marginal revenue is $100.

c.

To determine

Marginal revenue that would make 9:00 p.m. the optimal closing time.

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