He owners of a local business are making a rational decision about how many workers to hire. How many workers would cause the ma
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?
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.
