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19 November, 03:03

Suppose the sunk cost of obtaining your college degree is $50,000, the marginal cost is $175,000, and the marginal benefit is $200,000. marginal analysis implies that you:

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  1. 19 November, 03:12
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    We do not consider the sunk costs.

    Since the marginal benefit (200,000) is greater than the marginal cost (175,000), marginal analysis implies that you should complete your college degree
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