You are more likely to hire your teenage child than a landscaping firm to mow your lawn _____.
A) if the teenager demands more wages more than the landscaping firm.
B) if the teenager has a lower opportunity cost of mowing the lawn than the landscaping firm does.
C) because the teenager is less likely to have the specialized tools necessary to complete the job quickly.
D) because of the bounded rationality of the diversified landscaping firm.
E) when it does not take a substantial amount of time and effort to find a reputed landscaping firm to do the job.
Correct Answer:
Verified
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