If Helen can paint one room in the time it takes her to bake 40 cakes and Josh can paint one room in the time it takes him to bake 60 cakes,Helen's opportunity cost of baking one cake is:

Question

Quizplus · Accepted Answer

Since Helen can paint one room in the time it takes her to bake 40 cakes, her opportunity cost of baking one cake is the value of what she is giving up, which is painting 1/40 of a room. This means that for every cake she bakes, she could have painted 1/40 of a room instead. Therefore, the best choice is B.

If Helen Can Paint One Room in the Time It