Suppose you can hire your mechanic for up to six hours. The total benefit and total cost

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Suppose you can hire your mechanic for up to six hours. The total benefit and total cost functions are B(H)= 654H - 40H2and C(H) = 110H + 120H2. The corresponding formulas for marginal benefit and marginal cost are MB(H) = 654 - 80Hand MC(H) = 110 + 240H.What is your best choice?
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Microeconomics

ISBN: 978-1118572276

5th edition

Authors: David Besanko, Ronald Braeutigam

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