Question

rginal costs to exceed the marginal benefits?He owners of a local business are making a rational decision about how many workers to hire. How many workers would cause the marginal costs to exceed the marginal benefits?

Answer 1

Answer:

10

Explanation:

Answer 2

Answer:

10 Workers would cause the marginal cost to exceed the marginal benefit.

Explanation:The marginal cost is the total cost of a final product. Including every dollar spent. Taking a Lynch perspective here, the cost would consider equipment, corporation properties, and every other expense. So, at the end of all the sum of investment, we will obtain a number of costs related to each unit produced. The bigger the amount, the smaller the cost price. Therefore, it is very important. The Marginal benefit is the advantage a customer has over the price of a certain product in case of requiring to buy two of the same. In other words, is the price the customer is willing to pay for a second unit of the same product. In our case, the combination of both gets us 10 workers because at that price we would require 10 workers o exceed the price the customer is willing to pay for a second unit of the same product.