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.Maria's opportunity cost of typing one page is:
A)4 loads of laundry.
B)6 loads of laundry.
C)3/2 of a load of laundry.
D)2/3 of a load of laundry.
E)impossible to compute without additional information.

Question

Quizplus · Accepted Answer

First, we need to calculate Hans' opportunity cost of typing one page. It is given that he can type 6 pages per hour and do 4 loads of laundry per hour. So, his opportunity cost of typing one page is:

Opportunity cost of typing one page for Hans = 4/6 = 2/3 loads of laundry

Now, we need to calculate Maria's opportunity cost of typing one page. It is given that she can type 8 pages per hour and do 12 loads of laundry per hour. So, her opportunity cost of typing one page is:

Opportunity cost of typing one page for Maria = 12/8 = 3/2 loads of laundry

Therefore, Maria's opportunity cost of typing one page is 3/2 of a load of laundry, which is option C.

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