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 house painter who charges $150 per day, and takes 10 days, to paint his house.
-Based on the Application, Jasper Johns' daily earnings are 33.33 times more than the house painter's daily earnings. If Jasper Johns' earnings per day were only twice as much as the house painter's earnings, what should he do?
A) He should still hire the house painter to paint his house.
B) He should paint his house himself.
C) He should hire a less productive house painter.
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 house painter's earnings, it would not make financial sense to hire the house painter at $150 per day when he himself could earn $10,000 in the same time by painting works of art. Therefore, he should paint his house himself.

Recall the Application About Jasper Johns and House Painting to Answer