It's holiday time, and Jason went into the wrapping business. It's been a busy day, and he wants to go home. He figured out that the cost of wrapping an additional present is $0.50. He also charges $1.00 to wrap a gift. Which decision would make him better off?

Question

Social Studies

Maddison

9 April, 20:32

It's holiday time, and Jason went into the wrapping business. It's been a busy day, and he wants to go home. He figured out that the cost of wrapping an additional present is $0.50. He also charges $1.00 to wrap a gift. Which decision would make him better off?

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Answers (2)

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Steven · Answer 1

It's hard to consider what would be the best decision for Jason. Considering that he has had a busy day and he would only earn an additional 50c for wrapping the gift, it is a question if it's worth his time to do it - this mostly depends on how long he would need for the gift to be wrapped.

Cynthia · Answer 2

He would be better of wrapping a gift with a charge of $1.00. In this way, he would be earning a lot of money and save time. He would be at a lost if he wraps an additional gift for $0.50 only. The cost of wrapper and labor time does not compensate his effort of the money he will be receiving.