Suppose Tammy grew up on a farm and is very good at plowing.In addition suppose she is a popular country singer who earns $4,000 per performance.If her husband Bob can plow (but not as well as Tammy) but he can't carry a tune, then it would be most efficient if
A)Tammy did both the plowing and the singing.
B)Tammy specialized in plowing and Bob in singing.
C)Bob did both the plowing and singing.
D)Tammy specialized in singing and Bob in plowing.
E)They both plowed and sang.

Question

Quizplus · Accepted Answer

Tammy should specialize in singing, as she earns a higher income from it, and Bob should specialize in plowing. This way, each person is focusing on their comparative advantage, allowing them to maximize their productivity and income.

Suppose Tammy Grew Up on a Farm and Is Very