Scenario 13-3 Gary Is a Senior Majoring in Computer Network Development at Development

question 386

Multiple Choice

Scenario 13-3
Gary is a senior majoring in computer network development at Smart State University. While he has been attending college, Gary started a computer consulting business to help senior citizens set up their network connections and teach them how to use e-mail. Gary charges $25 per hour for his consulting services. Gary also works 5 hours a week for the Economics Department to maintain that department's Web page. The Economics Department pays Gary $20 per hour.
-Refer to Scenario 13-3.Which of the following statements is correct?

• A) Gary should increase the number of hours he works for the Economics Department to make it comparable to his consulting business income.
• B) Gary is not maximizing his well-being if he continues to work for the Economics Department.
• C) If Gary chooses one hour at the beach with his friends rather than spend one more hour with a consulting client, the forgone income of $25 is considered a cost of the choice to go to the beach.
• D) Both b) and c) are correct

Understand various characteristics of fandom and identify examples in media.

Comprehend the role and impact of advertisements in social media contexts.

Discern the relationship between brand engagement strategies and consumer interaction within social media.

Identify different types of social media ads and their purposes.

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Definitions:

Local Taxes

Taxes imposed by local governments, such as cities or counties, used to fund public services like education, police, and infrastructure.

Social Security Tax

Taxes collected from employees and employers to fund the Social Security program, which provides retirement, disability, and survivor benefits.

Federal Budget

The government’s estimation of revenue and spending for a forthcoming fiscal year that includes allocations of funds to various federal departments and agencies.

Defense Spending

Government expenditure on military forces and activities, including salaries, equipment, construction, and research and development.