Ask Question
14 June, 17:42

Dee is an accomplished actress and a homeowner who pays a landscaper to maintain her lawn rather than do it herself. Dee has determined that she can earn more in the hour it would take her to work on her lawn than she must pay her landscaper. This scenario is an example of which principle of economics?

A. Trade can make everyone better off.

B. Markets are usually a good way to organize economic activity.

C. Governments can sometimes improve market outcomes.

D. Prices rise when the government prints too much money.

+1
Answers (1)
  1. 14 June, 17:52
    0
    This scenario is an example of the principle of economics that says trade can make everyone better off.

    Explanation:

    Devising the financial value of time and activities is critical when it comes to financial management. It is preferable to an activity only if it is worth the time that is being allotted to it. It the same time can be spent on something that would fetch more returns, continuing to do the same activity is worthless.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Dee is an accomplished actress and a homeowner who pays a landscaper to maintain her lawn rather than do it herself. Dee has determined ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers