Optimization Part 2

Poll

Which excerpt do you find more persuasive?

• The first one

• The second one

Multiple Choice

What is the total net benefit of parking at the West River spot?

• $17

• $35

• $18

• -$18

• $15

Multiple Choice

Scott's best parking option is:

• Fountain Square

• West River

• East River

• Under Stadium

Multiple Choice

What is the marginal benefit from buying another video game for your phone if you already have two?

• 80

• 50

• 20

• 10

• There is not enough information to say

Multiple Choice

Your employer has asked you to start working overtime and has offered to pay $18 per hour for every hour you work beyond forty hours a week.

The wage rate for each of the fist forty hours will continue to be the usual $15 per day. In terms of dollars , what is the marginal benefit of working each hour of overtime?

• zero

• $3.00

• $15.00

• $18.00

Multiple Choice

Is Tom's choice self-contradictory?

• Yes, he should accept the $20,000 ofer

• Not necessarily. Refusing the offer doesn't contradict his previous actions