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MMLU-Pro / 7515 / Mr. Brennan owns an open field adjacent to his house. The coach of the local…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Mr. Brennan owns an open field adjacent to his house. The coach of the local high school football team offered Mr. Brennan $250 to rent the field from him for his team's summer football drills. Mr. Brennan could also grow vege-tables on the field. The cost of seed, fertilizer, and hiring neighborhood teenagers to plant and harvest the field he estimates would be $200 and Mr. Brennan expects to receive $500 if he sold the vegetables. What are the explicit and implicit costs to Mr. Brennan of growing vege-tables, and will he choose to grow vegetables or rent the field?
Plain-text mathematical notation (without MathML)
Mr. Brennan owns an open field adjacent to his house. The coach of the local high school football team offered Mr. Brennan $250 to rent the field from him for his team's summer football drills. Mr. Brennan could also grow vege-tables on the field. The cost of seed, fertilizer, and hiring neighborhood teenagers to plant and harvest the field he estimates would be $200 and Mr. Brennan expects to receive $500 if he sold the vegetables. What are the explicit and implicit costs to Mr. Brennan of growing vege-tables, and will he choose to grow vegetables or rent the field?
Original LaTeX notation
Mr. Brennan owns an open field adjacent to his house. The coach of the local high school football team offered Mr. Brennan $250 to rent the field from him for his team's summer football drills. Mr. Brennan could also grow vege-tables on the field. The cost of seed, fertilizer, and hiring neighborhood teenagers to plant and harvest the field he estimates would be $200 and Mr. Brennan expects to receive $500 if he sold the vegetables. What are the explicit and implicit costs to Mr. Brennan of growing vege-tables, and will he choose to grow vegetables or rent the field?

category

economics

options

  1. Do nothing
  2. Sell the field
  3. Grow vegetables
  4. Rent the field

src

stemez-Economics

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Source and history

upstream_id / Original problem ID
7515
task_id
f86252bc-80fc-55ec-b85a-b8bde70079f2
task_key
default--test--7515
task_revision_id
1
config / split
default / test

Official source

initial import