Table 1-2
Thuy Anh runs a small flower shop in the town of Florabunda. She is debating whether she should extend her hours of operation. Thuy Anh figures that her sales revenue will depend on the number of hours the flower shop is open as shown in the table above. She would have to hire a worker for those hours at a wage rate of $16 per hour.
-Refer to Table 1-2. What is Thuy Anh's marginal benefit if she decides to stay open for three hours instead of two hours?
A) $0
B) $20
C) $25
D) $45
E) $70

Question

Table 1-2
  Thuy Anh runs a small flower shop in the town of Florabunda. She is debating whether she should extend her hours of operation. Thuy Anh figures that her sales revenue will depend on the number of hours the flower shop is open as shown in the table above. She would have to hire a worker for those hours at a wage rate of $16 per hour.
-Refer to Table 1-2. What is Thuy Anh's marginal benefit if she decides to stay open for three hours instead of two hours?
A) $0 
B) $20 
C) $25 
D) $45 
E) $70

Quizplus · Accepted Answer

The marginal benefit is the additional benefit received from staying open for one more hour. If Thuy Anh stays open for three hours instead of two, the marginal benefit is the difference in total benefit between the third and second hour, which is $25.

Table 1-2 Thuy Anh Runs a Small Flower Shop in Shop