Suppose that you can schedule a worker for up to 4 hours, Ask an Expert

Economics

Suppose that you can schedule a worker for up to 4 hours per day. The total benefit and total cost functions are B(H) = 300H - 20H^2 and C(H)= 500H + 60H^2. The corresponding formulas for marginal benefit and marginal cost are MB(H) = 300 - 40H and MC(H) = 500 + 120H. How many hours should you schedule the worker?

A. 1.25 hours B. 0.8 hours C. 4 hours D. 0 hours

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91725302

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