Nicole asked her neighbor to rake the leaves on his lawn because they were blowing into her yard.It takes an hour to rake the yard,regardless of who performs the task.He responded that it wouldn't be rational for him to do so,but he would be willing to hire someone else to rake.Why would this be the case?

Question

Quizplus · Accepted Answer

This option suggests that the neighbor values his time at $200 an hour, which means he would be willing to pay someone else $20 an hour to do the task instead of spending an hour doing it himself. This decision is rational for him because he can earn more money in an hour than he would spend on hiring someone else to do the task.

Nicole Asked Her Neighbor to Rake the Leaves on His