In one day, Sue can change the oil on 20 cars or change the tyres on 20 cars. In one day, Fred can change the oil on 20 cars or change the tyres on 10 cars. Sue's opportunity cost of changing oil is _______ Than Fred's and her opportunity cost for changing tyres is _______ than Fred's.

Question

Quizplus · Accepted Answer

Sue's opportunity cost of changing oil is 1 tyre change per oil change, while Fred's is 0.5 tyre changes per oil change, making Sue's opportunity cost greater. For changing tyres, Sue's opportunity cost is 1 oil change per tyre change, while Fred's is 2 oil changes per tyre change, making Sue's opportunity cost less.

In One Day, Sue Can Change the Oil on 20