Question

explain

Question 2 1 points Graph of TB & TC of Hours Working: The graph below measures salary thousands per year) and perceived costs from working for a single worker. The worker perce total cost equation for working to be TC 00:402)+ (0.021). The horizontal axis measures the hours of working per week that they can choose, giving them a to of working equation, TB = 10410. (For hours beyond 40, assume that TC>TR) TTB, TC Reference TB & T of Woning The MB of working is constant at 1.041 per Q. This means that A the MB of working is equal to the MC of working - 30.43 B. the MC of working is greater at -3043 the MB of working is less than the MCQ - 7607 D. the MB of working is equal to the MC of working at 0-0

Answer 1

Answer
NB(net benefit) is higher when the TB-TC is maximum which is at point C
where MB=MC
and the MC is increasing whereas the MB is constant at 1.041
so the MC>MB after point C and MC<MB before point C

Option C
MC>MB at Q=30.43
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