Asked by Mckenna Grimm on Jul 25, 2024
Verified
Suppose that Tip can write 5 pages of term papers or solve 10 workbook problems in an hour, while Spot can write 2 pages of term papers or solve 2 workbook problems in an hour.If they each decide to work a total of 6 hours and to share their output, then if they produce as many pages of term paper as possible given that they produce 25 workbook problems,
A) Spot will spend all of his time writing term papers and Tip will spend some time at each task.
B) Tip will spend all of his time writing term papers and Spot will spend some time at each task.
C) both students will spend some time at each task.
D) Spot will write term papers only and Tip will do workbook problems only.
E) Tip will write term papers only and Spot will do workbook problems only.
Workbook Problems
Exercises or tasks within a workbook designed to practice or test knowledge on a specific subject.
Term Papers
Written academic assignments, often research-based, that are required by students over a term or semester to demonstrate their understanding of a subject.
- Comprehend the fundamentals of opportunity cost and specialization in enhancing productivity.
Verified Answer
EC
Esmeralda ColonJul 31, 2024
Final Answer :
A
Explanation :
Given that they need to produce 25 workbook problems in total and considering their productivity, Spot's lower efficiency in both tasks makes it optimal for him to focus on writing term papers, while Tip, being more efficient in both tasks, will allocate his time between both tasks to meet the workbook problem requirement and maximize term paper production.
Learning Objectives
- Comprehend the fundamentals of opportunity cost and specialization in enhancing productivity.