This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: To complete his business bookkeeping work each month, a business owner spends about 20 hours and in ... (Read 154 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
on: Jul 7, 2018
To complete his business bookkeeping work each month, a business owner spends about 20 hours and in the process, has to give up 900 in income. If he hired a bookkeeper to do the work, the job would be completed in 15 hours and would cost him 600.
 
  Should the owner hire the bookkeeper or continue to do the work himself?
  A) He should hire the bookkeeper because the bookkeeper has an absolute advantage in completing the books.
  B) He should do the bookkeeping himself because he has an absolute advantage in completing the books.
  C) He should hire the bookkeeper only if the bookkeeper agrees to give him a discount on the service price.
  D) He should hire the bookkeeper only if the bookkeeper is willing to complete the work in 12 hours.

Question 2

A nuclear family comprises of one's immediate family, along with grandparents, uncles, aunts, and cousins.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kxciann

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Jul 7, 2018
Answer to Question 1

A

Answer to Question 2

FALSE


OSWALD

  • Member
  • Posts: 580
Reply 2 on: Jul 7, 2018
Great answer, keep it coming :)

debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

one month old embryo one month old embryo
As some groups do ethnic work, they produce a mythical long-lost heritage, as in this photo of ... As some groups do ethnic work, they produce a mythical long-lost heritage, as in this photo of ...
It’s Easy To Look Sharp When You Haven’t Done Any Work It’s Easy To Look Sharp When You Haven’t Done Any Work
What is the discounted value of deposits of $150.00 made at the end of each month for fourteen ... What is the discounted value of deposits of $150.00 made at the end of each month for fourteen ...
A 60-kg skier starts from rest from the top of a 50-m high slope. If the work done by friction ... A 60-kg skier starts from rest from the top of a 50-m high slope. If the work done by friction ...
Business Math Business Math
Video: Four Giant Convection Cells oF Earth

For a complete list of videos, visit our video library