I mean we can't answer that because you didn't put the (following)
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> $1220.</u>
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3x- 4y=10
10÷1=10
Therefore y is equal to 10
Matthew sells tickets for a school lottery at 3$/each. He wants to know how much profits he will make according to the number of tickets sold knowing that he starts with 2$.