Ted can wax a car in 20 minutes or wash a car in 60 minutes. Tom can
Question:
Opportunity Cost
Opportunity cost is the profit lost when one alternative is selected over another. The Opportunity Cost refers to the expected returns from the second best alternative use of resources that are foregone due to the scarcity of resources such as land,...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (15 reviews)
In the time it takes Ted to wash a car he can wax three cars which is a...View the full answer
Answered By
Muhammad Salman Alvi
Well, I am a student of Electrical Engineeing from Information Technology University of Punjab. Just getting into my final year. I have always been good at doing Mathematics, Physics, hardware and technical subjects. Teaching profession requires a alot of responsibilities and challenges.
My teaching experience started as an home tutor a year ago. When I started teaching mathematics and physic subjects to an O Level student. He was about 14 years old. His name was Ibrahim and I used to teach him for about 2 hours daily. Teaching him required a lot of patience but I had to be polite with him. I used to give him a 5 min break after 1 hour session. He was quite weak in basic maths and calculation. He used to do quite a lot of mistakes in his homework which I gave him weekly. So I decided to teach him basics from scratch. He used to say that he got the concept even if he didn't. So I had to ask him again and again. I worked on his basics for a month and after that I started taking a weekly test sesions. After few months he started to improve gradually. Now after teaching him for about a year I can proudly say that he has improved alot. The most important thing was he managed to communicate all the difficullties he was facing. He was quite capable and patient. I had a sincere desire to help him reach to its full potential. So I managed to do that. We had a very good honest relationship of a student and a teacher. I loved teaching him as a tutor. Now having an experience of one year teaching I can read students quite well. I look forward to work as an online tutor who could help students in solving their all sort of difficulties, problems and queries.
4.90+
29+ Reviews
43+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
Multiple Choice Questions 1. In an hour, David can wash 2 cars or mow 1 lawn, and Ron can wash 3 cars or mow 1 lawn. Who has the absolute advantage in car washing, and who has the absolute advantage...
-
Luster Auto, Inc., specializes in detailing automobile exteriorsthat is, revitalizing them so the cars look as if they had just rolled off the showroom floor. The company charges $100 for a full...
-
Ted Glickman, the administrator at D. C. General Hospital emergency room, faces the problem of providing treatment for patients who arrive at different rates during the day. There are four doctors...
-
Which description does NOT fit in description of "issues" in the context of international standards? a. An unsettled matter. b. A vital matter. c. A change in the environment. d. A concern or...
-
A marketing manager wishes to estimate the proportion of customers who prefer a new packaging of a product to the old. He guesses that 60% of the customers would prefer the new packaging. The manager...
-
The mechanism train shown consists of an assortment of gears and pulleys to drive gear 9. Pulley 2 rotates at 1200 rev/min in the direction shown. Determine the speed and direction of rotation of...
-
Show Eq. (11.35).
-
Consider again the mortgage refinance problem faced by Dave and Jana in Problem 16. Assume that they have accepted the refinance offer of a 15-year loan at 3 percent interest rate with out-of-pocket...
-
The company is J.M Smucker Company (SJM) Complete a final business memo that consists of the following: 1. Corporate-Level Strategy (Identify the SCA: Source of Competitive Advantage or Sustainable...
-
A long-distance provider charges the following rates for telephone calls: Create a GUI application that allows the user to select a rate category (from a set of radio buttons), and enter the number...
-
What factors have helped the United States to become the world's leading exporter of movies, books, and popular music?
-
Nancy and Bill are auto mechanics. Nancy takes 4 hours to replace a clutch and 2 hours to replace a set of brakes. Bill takes 6 hours to replace a clutch and 2 hours to replace a set of brakes. State...
-
If y = sin 5x is a solution of a homogeneous linear second-order differential with constant coefficients, then the general solution of the DE is _______. Answer problem without referring back to the...
-
You have recently taken over daycare center that was under substandard leadership. Currently, the staff is unmotivated, negative, and often absent from work. You notice that there is minimal...
-
Choose an organization from the industry of your choice to discuss, illustrate, and reflect deliberately on the following: Why is it important to distinguish between "group" and "team "? What kinds...
-
The focus of data governance programs, in some capacity, is enterprise-wide data quality standards and processes. If you were a manager focusing on master data: Would you likely meet enterprise-level...
-
1) Identify and explain each component of the ANOVA model. 2) How is the F ratio obtained? 3) What role does the F ratio play?
-
Make a BCG matrix table and place the following products from Apple: iPhone, iPad, iMac, iPod, Apple TV, Apple Watch, AirPod, and HomePod. Briefly describe why you have placed the products in the...
-
A large hotel and conference centre in Halifax, Nova Scotia has invited you to interview for a sales position. All expenses will be paid. You have no interest in moving to Nova Scotia, but you would...
-
A copper sphere of 10-mm diameter, initially at a prescribed elevated temperature T;, is quenched in a saturated (1 atm) water bath. Using the lumped capacitance method, estimate the time for the...
-
From the following details you are to draft a cash flow statement for D Duncan for the year ending 31 December 2005: using the FRS 1 layout. D Duncan Profit and Loss Account for the year ending 31...
-
In Problem 7, how would Paducah's profit-maximizing level of output be affected if the government imposed a tax of $10 per day on the company? a. What would Paducah's profit-maximizing level of...
-
True or false: Explain why the following statements are true or false: a. The economic maxim "There's no cash on the table" means that there are never any unexploited economic opportunities. b. Firms...
-
John Jones owns and manages a cafe in Collegetown whose annual revenue is $5,000. Annual expenses are as follows: Labor$2,000 Food and drink500 Electricity..100 Vehicle lease150 Rent..500 Interest on...
-
Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any new common stock during the year. A total...
-
Mrquered Mrquered
-
You plan to invest $10,00 today in an investment account earning 5% interest. You then plan to invest an additional $1,000 into this account each year for the next twenty years. How much money will...
Study smarter with the SolutionInn App