Coworkers Yvonne and Rodney are washing dishes and sweeping the floors of the store.They know that to finish both tasks as quickly as possible,each of them should focus on just one task,but they don't know who should do what.Yvonne and Rodney should determine which one:

Question

Quizplus · Accepted Answer

To determine who should focus on which task, they should compare their opportunity cost for each task. Comparative advantage refers to the ability to produce a good or service at a lower opportunity cost than another producer. Therefore, if Yvonne has a lower opportunity cost of dishwashing (in terms of the time it takes her to dishwash compared to sweeping) than Rodney, she has a comparative advantage in dishwashing and should focus on that task while Rodney focuses on sweeping. This will allow them to finish both tasks as quickly as possible.

Coworkers Yvonne and Rodney Are Washing Dishes and Sweeping the Floors