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strojnjashka
9 days ago
10

Which of the following statements is a valid economic conclusion based on this information?

History
2 answers:
9966 [1.5K]9 days ago
6 0
<span>The second option is correct. It would be optimal for Sam to focus solely on conducting sales calls. </span>
Xelga [1.4K]9 days ago
6 0
It would be more advantageous for Sam to focus solely on making sales calls. To address this issue, one must grasp the idea of opportunity cost, which is an economic concept that evaluates the financial loss incurred when a person forgoes one activity to pursue another. For instance, by making a sales call, Sam misses the chance to file 0.1 tax return, whereas completing a tax return means he cannot make 0.25 sales calls. Consequently, if Sam makes 30 sales calls, this will mean he does not file 3 tax returns. Likewise, making 28 tax returns results in missing out on 7 sales calls. Thus, the opportunity cost associated with producing Sam's tax returns exceeds that of making sales calls. Therefore, the analysis of opportunity cost indicates that it is more effective for Sam to engage in sales calls.
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