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Core Principles

$($M$)$ Question $4$ of $18-$ HW$1-$ Ch$.1$: Core Principles

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uestion $4$ of $18$

You are midway through your work shift when your supervisor asks if you can stay an extra hour today. In order to appropriately apply the rational rule, you should:

the total benefit you receive is more than the total cost for the day's work.

only stay if the cost of working that extra hour is less than the benefit you receive for the extra hour of work.

only if the opportunity cost outweighs the interdependence of the decision.

only stay if the benefit of working the extra hour is less than the cost of working the extra hour.