In one day, Sue can change the oil on 20 cars or change the tyres on 20 cars. In one day, Fred can change the oil on 20 cars or change the tyres on 10 cars. Sue's opportunity cost of changing oil is________ than Fred's and her opportunity cost for changing tyres is ________ than Fred's.

Question

Quizplus · Accepted Answer

Sue's opportunity cost of changing oil is greater than Fred's because she can change the tyres on 20 cars in one day, while Fred can only change the tyres on 10 cars in one day. Her opportunity cost for changing tyres is less than Fred's because she can change the oil on 20 cars in one day, while Fred can only change the oil on 20 cars in one day.

In One Day, Sue Can Change the Oil on 20