Your Parents Want to Paint the House and They Have

Your parents want to paint the house and they have to decide if they should hire a contractor or do it themselves.If they hire a contractor,they have to pay $2,500.If your parents paint the house,they have to spend $500 on painting supplies and have to take time off from work,losing $1,200 each in forgone wages.What should your parents do?

A) Paint the house themselves,because they are better at painting houses than the contractor
B) Hire a contractor,because the contractor has more experience in painting houses
C) Paint the house themselves,because it s cheaper to do so
D) Hire a contractor,because the cost of hiring a contractor is lower than the cost of the painting supplies plus the value of your parents' time
E) Hire a contractor,because the cost of hiring a contractor is higher than the cost of the painting supplies plus the value of your parents' time