Scenario 13-3
Diamond is an organic brocolli farmer, but she also spends part of her day as a professional organizing consultant. As a consultant, Diamond helps people organize their houses. Due to the popularity of her home-organization services, Farmer Diamond has more clients requesting her services than she has time to help if she maintains her farming business. Farmer Diamond charges $45 an hour for her home-organization services. One spring day, Diamond spends 8 hours in her fields planting $130 worth of seeds on her farm. She expects that the seeds she planted will yield $300 worth of brocolli.
-Refer to Scenario 13-3. Diamond's accountant would calculate the total cost for the day of farming to equal
A) $45.
B) $130.
C) $300.
D) $380.
Correct Answer:
Verified
Q161: If a firm uses labor to produce
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Diamond is an organic brocolli farmer,