Questions on Marginal Analysis
I need the answers to the questions in complete sentences.
1) New York state has the highest number of COVID-19 cases and deaths in the U.S. Use marginal analysis (marginal cost and marginal benefit) to explain what the Governor of New York should consider before re-opening the state for business as usual. What does the marginal analysis say about when is it the ideal time to re-open the economy?
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ProblemSet11.pdf