Answer:
some pros of being a freelance artists are:
- you have no boss, you are technically your own boss
- you can choose how many hours to work and when to work
- you can also choose from where to work (which is actually great in the current time)
- the potential of earning more money exists
some cons of being a freelance artists are:
- even though the potential of earning more exists, earnings are not stable
- freelance workers get paid on a project basis, so that means that your working hours might be very long
- freelancers receive no benefits, e.g paid vacation, health insurance, etc.
- the risk of not being paid exists, but it is much lower if you use certain well known freelance websites
There are a lot of jobs available for freelance artists, although there are also a lot of freelance artists out there, e.g. animator and GFX artist, digital designer, etc.
The two factors that generate scarcity are related to the gap between limited resources and unlimited desires, generating an economic and social problem that impacts the lives of individuals.
<h3 /><h3>How to deal with scarcity?</h3>
For a country's economy not to be affected by scarcity, it is essential that there are strategic measures for the conscious use of scarce resources and the planning of public policies for social and economic development.
Therefore, scarcity must be fought with efficient allocation of resources, to avoid that the demand for a resource is greater than the supply and there is an economic imbalance.
Find out more information about scarcity here:
brainly.com/question/3081250
Answer:
a. $36,310.55
b. Yes
Explanation:
a. The computation of the net present value is shown below:-
Year Net Cash Flow PV at 12% PV of Net Cash Flows
1 $63,000 0.893 $56,259
2 $46,000 0.797 $36,662
3 $83,000 0.712 $59,096
4 $159,000 0.636 $101,124
5 $41,000 0.567 $23,247
Total $276,310.55 (B)
Invested Amount $240,000 (A)
Net Present Value $36,310.55 (B - A)
b. Since the net present value comes in positive so Beyer should accept this investment
Answer:
option (B) Costs outweigh benefits by $1,600
Explanation:
Given:
Software costs = $10,300
Employee training cost = $8,200
Expected hardware upgrade cost = $12,100
Expected benefits from the inventory tracking system = $29,000
Now,
The total cost of the inventory tracking system
= Software costs + Employee training cost + Expected hardware upgrade cost
= $10,300 + $8,200 + $12,100
= $30,600
Since the cost is more than the benefit, the cost outweigh the benefit
the difference of outweigh = Cost - Benefit = $30,600 - $29,000 = $1,600
Hence,
the correct answer is option (B)