2007-03-09 18:36:45 · 15 answers · asked by Smith 1 in Business & Finance ➔ Other - Business & Finance
him, probably not. me, heck yes.
2007-03-09 18:39:37 · answer #1 · answered by smileco2004 3 · 0⤊ 0⤋
Yes
Its called opportunity cost. Bill Gates makes more money than this, but, by picking up the $5,000 he will still make his other wages plus $5,000. Since the $5,000 does not preclude the opportunity for him to make other income, it is in his best interest to pick it up.
If picking up the money cost him an opportunity to make other income that is worth more than the $5,000, than no he should not. I sincerely doubt that anyone could find an activity that while walking down the street would pay more than $5,000 and would be lost if you paused for a couple of seconds.
2007-03-11 01:56:51 · answer #2 · answered by MagicalMke 4 · 0⤊ 0⤋
I would suspect so. No-one walks past any cash paper. I earn circa half a million quid a year, tax free, yet when I was in London in January I stooped to pick up a 5 quid note. I went into a Dr Who shop and bought a Dalek.
So, I suggest Bill would do the same but buy a bigger Dalek....one that is 1000 times bigger than the one I bought.
Hope that helps.
2007-03-10 02:52:39 · answer #3 · answered by Graham W 1 · 0⤊ 0⤋
Yes, he picks up quarters from the floor.
then he'd probably turn that quarter into half a million dollars and donate the money to charity, in a respectable and generous way.
just because Gates has a lot of money doesn't mean that he wastes it.
2007-03-10 02:48:35 · answer #4 · answered by briank1458 4 · 0⤊ 0⤋
Yes how do you think he got so rich he could take that $5000 and turn it in to a million.
2007-03-10 02:41:35 · answer #5 · answered by curtianmaker 2 · 1⤊ 0⤋
If he could throw money out, of any value, he has too much. Whether his time could be better spent doing an alternative activity which could be making him more than 5K is a better question. The answer to that one, unfortunately to all of us people who don't make as much money as him, is yes, he could be.
2007-03-10 02:50:51 · answer #6 · answered by Reisenfig 1 · 0⤊ 0⤋
First what street is he walking down cause I want to be there. But, like anyone, even if you have a bajillion dollars, whose to say you wouldn't pick it up. MONEY IS MONEY and hey, even tho is 5k. 5k is still 5k.
2007-03-10 02:43:03 · answer #7 · answered by Melanie P 3 · 1⤊ 0⤋
Even if it were $5 he would pick it up. Rich folk get rich by not squandering money unnecessarily.
2007-03-10 04:17:44 · answer #8 · answered by Venita Peyton 6 · 0⤊ 0⤋
Yes.He will pick it up..Its not the worth of money but the respect towards that matters..
2007-03-10 03:01:20 · answer #9 · answered by deepak 2 · 0⤊ 0⤋
No, he might loose a couple of million if he wastes time in picking it up.
2007-03-10 02:40:22 · answer #10 · answered by Dr Dee 7 · 0⤊ 0⤋
I believe he still picks up a penny, doesn't he?
2007-03-10 02:42:28 · answer #11 · answered by The Crazy B!tch 5 · 2⤊ 0⤋