Recall the Application about Jasper Johns and house painting to answer the following question(s). In this
Application, it is assumed that Johns can earn $5,000 per day by painting works of art, and therefore
should hire a housepainter who charges $150 per day, and takes 10 days, to paint his house.
-Based on the Application, Jasper Johnsʹ daily earnings are 33.33 times more than the houspainterʹs daily earnings. If Jasper Johnsʹ earnings per day were only twice as much as the housepainterʹs earnings, what should he do?
A)He should still hire the housepainter to paint his house.
B)He should paint his house himself.
C)He should hire a less productive housepainter.
D)He should remain indifferent as to who paints the house, for the difference in daily earnings would now be much less significant.

Question

Quizplus · Accepted Answer

If Johns' earnings per day were only twice as much as the housepainter's, he would earn $300 per day, which is less than the cost of hiring the housepainter for $150 per day. Therefore, it would be more economical for him to paint the house himself.

Recall the Application About Jasper Johns and House Painting to Answer