Julia can fix a meal in 1 hour, and her opportunity cost of one hour is R50. Jacques can fix the same kind of meal in 2 hours, and his opportunity cost of one hour is R20. Will both Julia and Jacques be better off if she pays him R45 per meal to fix her meals? Explain.

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The Answer of Julia can fix a meal in 1 hour, and her opportunity cost of one hour is R50. Jacques can fix the same kind of meal in 2 hours, and his opportunity cost of one hour is R20. Will both Julia and Jacques be better off if she pays him R45 per meal to fix her meals? Explain.

Julia Can Fix a Meal in 1 Hour, and Her