Tracy can fix a meal in one hour, and her opportunity cost of one hour is $40. Michel can fix the same kind of meal in two hours, and his opportunity cost of one hour is $15. Will both Tracy and Michel be better off if she pays him $35 per meal to fix her meals? Explain.

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The Answer of Tracy can fix a meal in one hour, and her opportunity cost of one hour is $40. Michel can fix the same kind of meal in two hours, and his opportunity cost of one hour is $15. Will both Tracy and Michel be better off if she pays him $35 per meal to fix her meals? Explain.

Tracy Can Fix a Meal in One Hour, and Her