Joe Runs a Landscape Business

question 175

Multiple Choice

Joe runs a landscape business. He knows that providing landscaping services costs him $100 per hour on average, while the cost of providing such services is $150 per hour after 5 PM (due to overtime pay, reduced productivity, and the added wear and tear on his equipment) . A potential client offers Joe $130 per hour to provide services but needs him to provide the services after 5 PM due to circumstances at the property.

• A) Joe should take the job, since $130 exceeds his average cost of production.
• B) Joe should take the job, since he is making a $30 profit per hour.
• C) Joe should decline the job, since he would lose $150 per hour worked on the job.
• D) Joe should decline the job, since he would lose $20 per hour worked.

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Definitions:

Adhesive Glue Cells

Cells that produce a sticky substance enabling organisms to adhere to surfaces or each other, found in various plants and animals.

Stinging Hair Cells

Specialized cells found in certain plants and animals used for defense or predation that deliver a sting or irritation when touched.

Portuguese Man-of-War

A marine cnidarian species known for its painful sting, characterized by its floating, gas-filled bladder and long tentacles.

Hydrozoans

Members of a class of predominantly marine animals in the phylum Cnidaria, which includes the Portuguese man-of-war, certain jellyfish, and hydra.