Alena can fix a meal in 1 hour,and her opportunity cost of one hour is $50.Daima can fix the same kind of meal in 2 hours,and her opportunity cost of one hour is $20.Will both Alena and Daima be better off if Alena pays Daima $45 per meal to fix her meals?
Explain.

Question

Alena can fix a meal in 1 hour,and her opportunity cost of one hour is $50.Daima can fix the same kind of meal in 2 hours,and her opportunity cost of one hour is $20.Will both Alena and Daima be better off if Alena pays Daima $45 per meal to fix her meals?
 Explain.

Quizplus · Accepted Answer

The Answer of Alena can fix a meal in 1 hour,and her opportunity cost of one hour is $50.Daima can fix the same kind of meal in 2 hours,and her opportunity cost of one hour is $20.Will both Alena and Daima be better off if Alena pays Daima $45 per meal to fix her meals?
 Explain.

Alena Can Fix a Meal in 1 Hour,and Her Opportunity