Business, 27.01.2021 19:00 jessied2000
Jon and Sally are married. Sally works, Ion stays home. Jon has an opportunity to gain
employment. He would be working for $10 per hour 30 hours a week. Day care for their two
children will cost $7 dollars an hour, son must drive 15 miles to and from work. It will cost him
$4.25 a day for gas to drive to work.
• Marginal Cost refers to the additional amount of effort, expense, or time.
• Marginal Benefit refers to the additional positive value one receives
For the scenario, complete the following:
3. Describe the Marginal Cost: (What is it going to cost him to work?)
4. Describe the Marginal Benefits (What is he going to make working?)
S. In your opinion, should lon take the job?
Answers: 3
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Jon and Sally are married. Sally works, Ion stays home. Jon has an opportunity to gain
employment....
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