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Homework answers / question archive / What are some of the components of marginal cost and marginal benefit that the producer of a movie faces?

What are some of the components of marginal cost and marginal benefit that the producer of a movie faces?

Economics

What are some of the components of marginal cost and marginal benefit that the producer of a movie faces?

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For a movie producer:

  • A component of the marginal cost is the cost hiring the crew for an additional day for movie production.
  • A component of the marginal benefit is, for a producer is that when a producer of a movie produces one additional? movie, the increase in name and fame of the producer receives.

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