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fall 2008 exam 5

# fall 2008 exam 5 - ECON 2106 Shelby Frost Exam 2 1:00pm TR...

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ECON 2106 Shelby Frost Exam 2 1:00pm TR Fall 2008 Version A Page 1 This page is left blank intentionally.
ECON 2106 Shelby Frost Exam 2 1:00pm TR Fall 2008 Version A Page 2 Multiple Choice: Choose the one alternative that best completes the statement or answers the question. 1. Suppose Bob has a part-time business washing cars. He has washed 9 cars on a given day; the marginal benefit of washing the 10th car is \$20 and the marginal cost is \$12. Bob should: A) increase his marginal benefit. B) There is not enough information to decide. C) not wash the 10th car. D) wash the 10th car. 2. Marginal analysis is relevant for:

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fall 2008 exam 5 - ECON 2106 Shelby Frost Exam 2 1:00pm TR...

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