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

question 451

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.If Gary can work additional hours at either job,what is the opportunity cost if Gary spends one hour reading a novel?

• A) $20
• B) $25
• C) $100
• D) $125

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Definitions:

Community Businesses

Small or local businesses that serve and are supported by the local community.

Immigration Rate

A measure of how many individuals move into a region compared to the total population of the area.

Non-Hispanic Whites

A demographic group consisting of people living in the United States who are of European descent and do not identify as Hispanic or Latino.

Ethnically Diverse

Referring to a population, organization, or area that includes people from a variety of ethnic, racial, and cultural backgrounds.