Maria worked through law school as a contract accountant. When she opened her law office, she...

 

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Maria worked through law school as a contract accountant. When she opened her law office, she interviewed Charles for her accounting clerk. Maria earns $100 per hour as a lawyer. Charles makes $35 an hour and would make $25 in his next best option. Which is the best answer to why she should hire Charles to do accounting even if she is better? Charles is better. Charles has the lower opportunity cost of accounting, thus both are better off. Maria can do both. Maria has the lowest opportunity cost of doing accounting. Maria worked through law school as a contract accountant. When she opened her law office, she interviewed Charles for her accounting clerk. Maria earns $100 per hour as a lawyer. Charles makes $35 an hour and would make $25 in his next best option. Which is the best answer to why she should hire Charles to do accounting even if she is better? Charles is better. Charles has the lower opportunity cost of accounting, thus both are better off. Maria can do both. Maria has the lowest opportunity cost of doing accounting.

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