The figure below shows Serena's demand curve for days in the hospital. The marginal cost of an additional day in the hospital is $200 Price (5/day 400 300 200 100 D Length of hospital stay (days) If Serena had to pay the entire marginal cost of spending a day in the hospital, then she would choose to stay. Multiple Choice day(s)

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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The figure below shows Serena's demand curve for days in the hospital. The marginal cost of an additional day in the hospital is $200
Price (5/day
400
300
200
100
D
Length of hospital stay (days)
If Serena had to pay the entire marginal cost of spending a day in the hospital, then she would choose to stay.
Multiple Choice
days)
Transcribed Image Text:The figure below shows Serena's demand curve for days in the hospital. The marginal cost of an additional day in the hospital is $200 Price (5/day 400 300 200 100 D Length of hospital stay (days) If Serena had to pay the entire marginal cost of spending a day in the hospital, then she would choose to stay. Multiple Choice days)
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