Question

You have been invited to play a four hour round of golf as a value Do you of $80. The total price to play the golf round is $25 the net benefit of the round of golf is

Answer 1

$55

Explanation:

To calculate the net benefit of the round of golf, we need to subtract the total price to play from the value of the round.

Given information:

Total price to play the round of golf = $25

Value of the round of golf = $80

Duration of the round of golf = 4 hours

To calculate the net benefit, we can use the formula:

Net Benefit = Value - Total Price

Substituting the given values into the formula, we have:

Net Benefit = $80 - $25

Net Benefit = $55

Therefore, the net benefit of the round of golf is $55.