Mateo Values His Camper at $4,000, and Nicole Values It

question 155

Multiple Choice

Mateo values his camper at $4,000, and Nicole values it at $9,000. If Nicole buys it from Mateo for $7,000, which of the following is true?

• A) Mateo gains $3,000 of value, and Nicole gains $2,000 of value.
• B) Mateo gains $7,000 of value, and Nicole loses $7,000 of value.
• C) Mateo gains $7,000 of value, and Nicole gains $6,000 of value.
• D) Mateo and Nicole both gain $7,000 of value.

---

Definitions:

Subcontracting

The practice of assigning or outsourcing part of the contractual obligations or work to another party, often to specialize or expedite processes.

Seasonal Workforce

Employees hired on a temporary basis, often in industries that experience fluctuations in demand at different times of the year.

Tourism Industry

A sector of the economy that encompasses all activities related to travel and hospitality for leisure or business purposes.

Aggregate Planning

a process in operations management aimed at determining optimal production levels, inventory levels, and workforce levels, considering forecasted demand over a medium-term horizon.