HW chap 3

# Rev is ed jrl 08082011 sectionmaximizingbenefitsless

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Unformatted text preview: tal Benefit \$0 Repair Cost \$0 1 615 200 2 1,150 3 Total Cost \$0 Net Benefit \$0 10 210 405 25 1,600 400 600 45 425 645 725 955 4 1,975 800 75 875 1100 5 6 2,270 2,485 1100 1400 110 150 1,210 1550 1060 935 Your best choice is to hire your mechanic for 4 Lost Earnings from Piz z a Delivery Job \$0 hours. rev is ed jrl 08­08­2011 Section: Maximizing Benefits Less Costs Worksheet Suppose that the cost of hiring your mechanic (including the cost of parts) is \$200 an hour up to four hours and \$300 an hour over four hours (she charges for her time in one­hour increments). Your benefits and other costs are shown below. Fill in the blanks in the table below. Instructions: Round your answers to the nearest whole number. Hours 0 Total Benefit \$0 Repair Cost \$0 1 615 200 10 210 405 2...
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