Gordon Is a Senior Majoring in Computer Network Development at Smart

question 308

Multiple Choice

Gordon is a senior majoring in computer network development at Smart State University.While he has been attending college,Gordon started a computer consulting business to help senior citizens set up their network connections and teach them how to use e-mail.Gordon charges $25 per hour for his consulting services.Gordon also works 5 hours a week for the Economics Department to maintain that department's Web page.The Economics Department pays Gordon $20 per hour.From this information we can conclude:

• A) Gordon should increase the number of hours he works for the Economics Department to make it comparable to his consulting business income.
• B) Gordon is obviously not maximizing his well-being if he continues to work for the Economics Department.
• C) If Gordon 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

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Definitions:

Technically-Skilled Workers

Employees who possess specialized technical skills, often relating to a specific field or technology, enabling them to perform complex tasks efficiently.

BRIC Country

Refers to Brazil, Russia, India, and China, which are four fast-growing developing economies with significant influence on global markets.

Contractual Agreements

Formal, legally binding agreements between two or more parties that specify the terms and conditions of their relationship or transaction.

Expanded Globally

refers to the process of a business extending its operations, products, or services beyond its original country, reaching international markets.