1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
makvit [3.9K]
3 years ago
7

Both Phoebe and Connor are trying to maximize their lifetime income. Each has a different plan on how to do it best. Phoebe clai

ms that she wants a career with no college or trade school requirements because she could save the money for retirement rather than spending it on education. She estimates her average yearly salary at $35,000 a year with no post-secondary education requirements. Connor claims post-secondary education will help him get a career with a higher salary and more benefits he can use in retirement so the education costs will more than pay for themselves. Connor estimates his average yearly salary at $60,000 after earning a college degree.
Which statement about their claims is correct?



A. Phoebe is correct because a college education is overly expensive and is almost a waste of money.

B. Phoebe is correct because she might save $60,000 for not attending college and $140,000 by earning money while others are in college. The college graduates would never be able to make up that difference in earnings.
C. Connor is correct because he is likely to earn a higher salary throughout his career. By earning by only $11,000 more in salary, he could make up the difference over the life of his career. He is also likely to have more employee benefits to save for his retirement.
D.Connor is correct because a person without a college degree will never be able to support himself.
Business
2 answers:
andrew11 [14]3 years ago
7 0
The correct answer is C. By attending college, Connor actually stands better prospects to earn a significant salary throughout his lifetime. Employees having gone through post-secondary education generally earn more income than those who have not studied till college. The simple reason is, by attending college, you acquire sharper knowledge and insights of disciplines you wouldn't otherwise have access to. You get skills that are in line with a demanding and fast-paced environment. People often regret not attending college because they could have grabbed a certificate that could have been a stepping stone for professional opportunities and higher incomes.
Paul [167]3 years ago
4 0

Answer:

C

Explanation:

You might be interested in
Hich pricing strategy involves setting a high price for an exclusive, high-end product?
Sidana [21]
Yes, this encourages the buyer to pay more for an item especially if it is by a well known branded. This gives them to opportunity to brag and boast with their purchase. Also when the product is well known consumers are going to try their absolute best to buy it, this is going to make the product scare, hence increasing its price.
3 0
3 years ago
Two alternatives, code-named X and Y, are under consideration at Guyer Corporation. Costs associated with the alternatives are l
sergejj [24]

Answer:

It will be a financial disadvantage of Alternative Y over Alternative X

which menas, alternative X is better as their work is lower.

Explanation:

\left[\begin{array}{cccc}&X&Y&$Differential\\$Material cost&-43000&-62000&-19000\\$Processing cost&-47200&-47200&0\\$Equipment rent&-17800&-17800&0\\$Occupancy cost&-16800&-25100&-8300\\&&&0\\$Total&-16800&-25100&-8300\\\end{array}\right]

6 0
3 years ago
Joint _____ prepares individuals, joint forces, or joint staffs to respond to strategic, operational, or tactical requirements c
Masteriza [31]

Answer: Joint training

         

Explanation: In simple words, joint training refers to the process in which an organisation or an entity tries to persuade and influence the behavior of their staff by making teaching them any specific kind of technical skill.

    Such kinds of training are very common in defense forces such as military and police force, where team work and relative trust is of high importance. But these kinds of training are also used by other organizations in cases where the number of candidates is large and it is not possible to train each of them individually.

6 0
3 years ago
A certain marble quarry provides a unique type of marble that is richly colored and strikingly veined. It has been used for chur
Digiron [165]

Answer:

a. The cost of the marble will be expensive because of the bargaining power of the supplier.

Explanation:

3 0
3 years ago
Andy views beer and pizza as complements to one another. If the price of pizza decreases, economists would expect:Andy's demand
notsponge [240]

Answer: Andy's demand for beer to increase

Explanation:

Andy's views beer and pizza as complement to each other. Hence when the price of pizza decreases Andy's demand for beer would increase as he would order more beer than pizza so as to complement both offers.

7 0
3 years ago
Other questions:
  • Select all that apply.
    12·2 answers
  • A(n) ___ service provides an electronic version of an invoice with all of the details
    11·1 answer
  • Select the correct text in the passage. Which sentence in the passage shows hazards that an office worker is likely to face? Owe
    12·1 answer
  • Why are entrepreneurs considered both spark plugs and catalysts of the free enterprise economy?
    14·1 answer
  • If you are feeling very anxious about delivering a speech, the most effective response is to
    14·1 answer
  • Financial statement data for years ending December 31, 2019 and 2018, for Edison Company follow: 2019 2018 Sales $513,500 $480,0
    5·1 answer
  • A company receives a 10%, 120-day note for $1,500. The total interest due on the maturity date is: (Use 360 days a year.)
    10·1 answer
  • When firms expand into global markets, they are faced with the choice of reducing costs and/or adapting to the local market. Whe
    5·1 answer
  • According to the trait approach to leadership, a(n) ___leader overcomes obstacles, makes decisions despite uncertainty, and inst
    13·1 answer
  • What product are you making to bring Toys R Us back?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!