Question

The owner of a plant shop buys small jade plants for $5.25. To make a profit, she adds a 200% markup to the coast of each plant?

Answer 1

It makes more economic sense for the consultant to spend her time at the consulting job and shop for her vegetables.

Step-by-step explanation:

In this scenario, the consultant works for $200 per hour and enjoys eating vegetables but is not good at growing them. It makes more economic sense for her to spend her time at the consulting job and shop for her vegetables because the opportunity cost of her time spent on growing vegetables is higher than the cost of purchasing them. While she could potentially save money by growing vegetables, the amount of time and effort required may outweigh the potential savings.