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You recently got laid off from your job. Instead of laying around, you are considering taking a course in photography. The tuition is $1,500. Books
You recently got laid off from your job. Instead of laying around, you are considering taking a course in photography. The tuition is $1,500. Books and supplies for the course will cost you another $300. a) How much did it "really" cost you to take this course? Explain. b) What if you were employed and needed to take 40 hours off from work (where you earn $20/hr) in order to take the class. Would this matter? Would your answer change? WHY or WHY NOT? Explain. c) Take the situation in b). You figure that you will be able to earn $3,000 as a result of the course. Should you take the course? d) What if you figured you will make $2,000. Should you take the course? 5) Samantha has been given the job to plan the office luncheon for "Bring-Your-Children-To-Work Day". The boss put her in charge of negotiating the best possible price and told her that money is a little tight and so she should do everything in her power to arrange the best possible price for the event. Based on a preliminary count (not performed by her), she has been given a budget of $2,000 based on 100 guests @ $20 per guest. On the day of the luncheon 125 people show up. The boss gets a bill for $2,250. Simple question: Did Samantha do a good job or not. Defend your
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