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
Correct Answer:
Verified
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