Question: eek One Practice Problems Set One (Marginal Analysis).d LO Week One Practice Problems Set One (Marginal Analysis).docx (13.5 KB) Question Set Two: Andy is a

 eek One Practice Problems Set One (Marginal Analysis).d LO Week One

eek One Practice Problems Set One (Marginal Analysis).d LO Week One Practice Problems Set One (Marginal Analysis).docx (13.5 KB) Question Set Two: Andy is a photographer. He went to art school to study photography and has a total of $18,000 in student loans from it. He has been offered the chance to pay $4000 to do a one-time course in animal photography - a great interest of his. The course also requires a $150 fee for class materials and lab use. If Andy finishes the course, he can do two photography jobs he wouldn't otherwise be able to get: one will pay $2500 and the other will pay $1450. Calculate the relevant marginal benefit and marginal cost. Should Andy take the course? Explain why or why not

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