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Business, 11.10.2019 23:30 watervliet2586

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suppose that oscar and felix are roommates and they want to find a way to divide up household chores—cooking meals and doing laundry. it takes oscar 45 minutes to make a meal and 90 minutes to do a load of laundry. it takes felix 60 minutes to make a meal and 60 minutes to do a load of laundry.

a. has the absolute advantage in making meals

b. has the absolute advantage in doing laundry

c. oscars opportunity cost of doing a load of laundry i meals

d. felix is opportunity cost of doing a load of laundry is dinner

if oscar and felix want to specialize

e. oscar should

f. felix should

g. if oscar and felix trade one load of laundry should trade for more than (a) meals but if you are then be (b) meals

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