Lydia is a senior in high school. she works 20 hours a week at a popular clothing store. she is trying to save as much
money as possible for her college tuition. however, she has to buy a dress for prom, pay her car insurance, and get a
birthday gift for her sister. this week she received a $400 paycheck. she wants to deposit the entire check in her savings
account for her college tuition, but she stops herself. she decides instead to put $100 in the bank, spend $200 for her
prom dress, pay $80 for her car insurance, and buy her little sister a $20 birthday gift. while shopping, she sees a doll
worth $21, which she thinks her sister will absolutely love. as a result, she decided to buy the more expensive doll and
spend less on her dress.
what is lydia's scarce resource?
Answers: 3
Other questions on the subject: Business
Business, 22.06.2019 12:00, lyn36
In mexico, many garment or sewing shops found they could entice many young people to work for them if they offered clean, air conditioned work areas with high-quality locker rooms to clean up in after the work day. typically, traditional garment shops had to offer to get workers to apply for the hard, repetitive, and somewhat dangerous work. a. benchmark competitive wages b. compensating differentials c. monopoly wages d. wages based on human capital development of each employee
Answers: 3
Business, 22.06.2019 15:00, aesthetickait
(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?
Answers: 2
Business, 22.06.2019 17:30, harshakayla02
According to management education expert ashok rao, companies can increase their profitability by through careful inventory management. a. 5% to 10% b. 10% to 25% c. 20% to 50% d. 75%
Answers: 1
You know the right answer?
Lydia is a senior in high school. she works 20 hours a week at a popular clothing store. she is tryi...
Questions in other subjects:
Biology, 27.08.2020 21:01
Mathematics, 27.08.2020 21:01
Social Studies, 27.08.2020 21:01
