10:07 PM @ 100%). + ezto.mheducation.com My Academics CalCentral McGraw-Hill Con

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10:07 PM @ 100%). + ezto.mheducation.com My Academics CalCentral McGraw-Hill Connect Connect | Section Home Homework 1 Econ 10OA: TTH 5:00pm Spring 2018 Konstantin ECONOMIcS Homework 1 instructions help | Question 11 (of 12) Save & Exit Submit alue: 25.00 points Suppose that adding a new disc drive to your computer increases its value by $100. The disc drive costs $75 and takes you 2 hours to install. If you value your time at $6 per hour then the net benefit of installing the disc drive is: O $25 O $13. $88. O $19 References Multiple Choice Difficulty: 3 Hard

Explanation / Answer

Answer

Net benefit of the drive=increase in value-cost-cost of labor

=100-75-(2*6)

=$13

The net benefit is $13

option second

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