Hans can do 4 loads of laundry per hour,and he can type 6 pages per hour.Maria can do 12 loads of laundry per hour,and she can type 8 pages per hour.Hans' opportunity cost of doing one load of laundry is:
A)12 papers.
B)8 papers.
C)1 1/2 pages.
D)2/3 of a page.
E)impossible to compute without additional information.

Question

Quizplus · Accepted Answer

Hans' opportunity cost of doing one load of laundry is the amount of typing he foregoes to do that laundry. Since he can type 6 pages per hour and do 4 loads of laundry per hour, for each load of laundry, he gives up 6/4 = 1.5 pages.

Hans Can Do 4 Loads of Laundry Per Hour,and He