Vinnie Is Looking for an Apartment in Dayton,ohio

Question 47
Multiple Choice

Vinnie is looking for an apartment in Dayton,Ohio.In Dayton,75% of the two bedroom,one bath apartments are $800 a month and 25% are $600.The marginal cost of his search increases by $15 per search,i.e. ,the marginal cost of looking at the first apartment is $15,the marginal cost of looking at the second apartment is $30,the marginal cost of looking at the third apartment is $45 and so on. The expected benefit to Vinnie of searching for an apartment is A) $400. B) $200. C) $100. D) $50.