Suppose Tammy grew up on a farm and is very good at plowing.In addition, suppose she is a popular country singer who earns $4,000 per performance.If her husband Bob can plow (but not as well as Tammy) but he can't carry a tune, then it would be most efficient if
A)Tammy did both the plowing and the singing.
B)Tammy specialized in plowing and Bob in singing.
C)Bob did both the plowing and singing.
D)Tammy specialized in singing and Bob in plowing.
E)they both plowed and sang.

Question

Quizplus · Accepted Answer

It would be most efficient if Tammy specialized in singing and Bob in plowing. This way, each person can focus on their comparative advantage and maximize their productivity. Tammy can earn $4,000 per performance through singing, while Bob can ensure that the plowing is done efficiently. This allows them to make the best use of their skills and time, resulting in a greater total output.

Suppose Tammy Grew Up on a Farm and Is Very