Physics 101
New member
In Montreal, 75% of the 2 bedroom apartments rent for 925. And 25% rent for 600. The marginal cost of searching for a apartment is 15 per apartment.
What is the marginal benefit of looking at another apartment ? and how many should therefore be examined?
Could someone please show me how to figure this out and not just put the answer. Thanks
What is the marginal benefit of looking at another apartment ? and how many should therefore be examined?
Could someone please show me how to figure this out and not just put the answer. Thanks