Saturday, July 2, 2011

If Jason can wash a car in 20 minutes and wash a dog in 10 minutes, and Megan can wash a car in 15 minutes and wash a dog in 15 minutes,

ECONOMICS

Multiple Choice

If Jason can wash a car in 20 minutes and wash a dog in 10 minutes, and Megan can wash a car in 15 minutes and wash a dog in 15 minutes, which of the following statements is true?

a.The opportunity cost of washing a car is greater for Megan.

b.The opportunity cost of washing a car is one dog bath for Jason.

c.Megan could wash two cars in the time it takes to wash a dog.

d.Jason has both a comparative and an absolute advantage in washing a dog.

e.The opportunity cost of washing a dog is greater for Jason

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