ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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The following table shows the total benefits and total costs of hiring security guards at a large department store. The total benefits represent the amount of theft prevented and the total costs represent the wages to be paid to the guards. What is the marginal benefit of hiring the 3rd guard?
Group of answer choices
$19000
$1500
$1000
$10000
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