Janie must either mow the lawn or wash clothes, earning her a benefit of $30 or $45, respectively. She dislikes both equally and they both take the same amount of time. Janie will therefore choose to _________ because the economic surplus is ________.

Question

Quizplus · Accepted Answer

Janie will choose to wash clothes because the benefit of $45 is greater than the benefit of $30 from mowing the lawn, leading to a greater economic surplus.

Janie Must Either Mow the Lawn or Wash Clothes, Earning