Find the expected marginal costs

Reference no: EM131442777

Question: Imagine that you are trying to decide whether to cross a street without using the designated crosswalk at the traffic signal. What are the expected marginal benefits of crossing? The expected marginal costs? How would the following conditions change your benefit-cost equation?

a. The street was busy.

b. The street was empty and it was 3 a.m.

c. You were in a huge hurry.

d. A police officer was standing 100 feet away.

e. The closest crosswalk was a mile away.

f. The closest crosswalk was 10 feet away.

Reference no: EM131442777

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