Mike Is Able to Complete a Tax Return in Two

question 43

Multiple Choice

Mike is able to complete a tax return in two hours earning a fee of $100. As an alternative, he could pitch in at a volunteer car wash washing four cars in one hour. His roommate Joe would take four hours to complete a tax return earning a $100 fee and also can wash four cars in one hour. Both individuals could benefit if

• A)​Mike worked on tax returns for eight hours and paid Joe $5 for each car he washed
• B)​Mike worked on tax returns for eight hours and paid Joe $10 for each car he washed.
• C)​Mike worked on tax returns for eight hours and paid Joe $15 for each car he washed
• D)​Joe worked on tax returns for eight hours and paid Mike $10 for each car he washed

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Definitions:

Informal Connections

Personal or unofficial relationships that can influence processes and outcomes in professional settings.

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Individuals or organizations beneficial for professional networking or commercial relations.

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