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IRINA_888 [86]
3 years ago
5

A consultant works for $200 per hour. She likes to grow vegetables, but is not very good at it. Why does it make more economic s

ense for her to spend her time at the consulting job and shop for her vegetables?
Business
1 answer:
galina1969 [7]3 years ago
3 0

Answer:

It is provided that the consultant works for $200 per hour.

Since, for the exchange of her services as a consultant she gets to be paid through $200 monetary benefit, such benefit will not arise in case of growing of vegetables.

Currently she grows vegetables only for her needs, thus, she do not sell them commercially, and also as provided she is not good ion growing vegetables,

The chances of earnings through sale of vegetables is less, as the quality and quantity both served will be low.

Also for exchange of money $200 she can buy all the resources she needs to live, but as she will not be able to earn this much from sale of vegetables, she will not find the economic equilibrium from such sale.

Therefore, she should continue to work as a consultant.

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Human Resources Management

Explanation:

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Bettina Amman is a sales consultant. She travels all over the country selling her company’s products. Her total monthly expenses
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Answer:

a. $7,382.40

Explanation:

With regards to the above,

Bettina Amman 's average monthly expenditure calculation is shown below;

= Total monthly expenses / Number of months

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= $7,382.40

Therefore, Bettina Amman's average monthly expenditure is $7,382.40

7 0
3 years ago
4. The Mexican peso has weakened considerably relative to the dollar, and you are trying to decide whether this is a good time t
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Answer:

The forecast exchange rate in one's year time according to Goldman Sachs is MXN 14.25/USD

Explanation:

The fact that the Mexican Peso will lose 15% of its value to the dollar means that a dollar will command 15% of the current Peso value  in  a year's time.

Mathematically, MXN 9.5*1.15= MXN14.25 in a year's time.

It also implies that a Mexican with dollars wanting to convert into MXN in a year's time will receive more Peso compared to now.

5 0
3 years ago
When airbnb customers in malibu start paying hotel taxes, this will have the potential to raise the equilibrium price in this ma
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When airbnb customers in malibu start paying hotel taxes, this will have the potential to raise the equilibrium price in this market and, therefore, decrease efficiency.   The equilibrium price refers to the market price when the quantity of goods and services supplied is equal to the demand of the goods and services. If equilibrium price rises, efficiency decreases due to the market not being equal with the supply and demand of items.
8 0
3 years ago
Juarez Builders incurred $285,000 of labor costs for construction jobs completed during the month of August, of which $212,000 w
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Answer:

                                                             Dr.            Cr.  

Work in progess                              139,000

Salaries and wages payable account                139,000

Explanation:

Direct Labor are charges to work in progress account and a payble is created as a result.

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Direct labor cost = $212,000 - 73,000

Direct labor cost = $139,000

3 0
3 years ago
Read 2 more answers
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