Based on the information given, the marginal cost of the price that should be paid is $250 per hour.
This is an incomplete information. From the complete information, the number of moving crew will be gotten where the marginal cost is equal to the marginal benefit and this will be at the 4th hour. Therefore, the <em>marginal cost</em> and benefit equal $250.
Therefore, one should hire movers for 4 hours. Therefore, based on the information given, the consumer surplus will be:
= $600 + $370 + $250
= $1220
In conclusion, the total consumer surplus for hiring a crew for<u> 4 hours</u> will be<u> $1220.</u>
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C? Least useful information, and includes an opinion, both uncomforting and personal.
The correct answers are:
- They are made of denser objects, which can condense at relatively high temperatures;
- They are made of heavier elements, which have a stronger gravitational attraction to the Sun;
All the planets in the Solar system formed from the solar nebula. The conditions though were different for the formation of the planets. The gas giants were not able to form closer to the Sun because of the high temperatures, and those temperatures were not allowing the lighter mater to condensate. On the other hand, those same high temperatures enabled the heavier, denser materials to be able to condensate, thus giving rise to the terrestrial planets.