Question

Dino operates a museum that showcases rare fossils. Recently, he has seen an increase in business and is determining whether to hire a new employee. If acting rationally, on what should he base his decision?
A
if the marginal cost of the worker's salary is greater than the marginal revenue generated by the new worker's labor

B
if the marginal revenue generated by the new worker's labor is greater than the marginal cost of the worker's salary

C
if the opportunity cost of hiring the new worker is greater than the opportunity cost of operating with his existing employees

D
if the opportunity cost of operating with his existing employees is greater than the opportunity cost of hiring the new worker

Answer 1

Answer:

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