Table 3-9
Barb and Jim run a business that sets up and tests computers. Assume that Barb and Jim can switch between setting up and testing computers at a constant rate. The following table applies.

-Refer to Table 3-9.Barb's opportunity cost of setting up one computer is testing
A) 4/5 computer and Jim's opportunity cost of setting up one computer is testing 3/4 computer.
B) 4/5 computer and Jim's opportunity cost of setting up one computer is testing 4/3 computers.
C) 5/4 computers and Jim's opportunity cost of setting up one computer is testing 3/4 computer.
D) 5/4 computers and Jim's opportunity cost of setting up one computer is testing 4/3 computers.

Question

Table 3-9
Barb and Jim run a business that sets up and tests computers. Assume that Barb and Jim can switch between setting up and testing computers at a constant rate. The following table applies.
 
-Refer to Table 3-9.Barb's opportunity cost of setting up one computer is testing
A) 4/5 computer and Jim's opportunity cost of setting up one computer is testing 3/4 computer. 
B) 4/5 computer and Jim's opportunity cost of setting up one computer is testing 4/3 computers. 
C) 5/4 computers and Jim's opportunity cost of setting up one computer is testing 3/4 computer. 
D) 5/4 computers and Jim's opportunity cost of setting up one computer is testing 4/3 computers.

Quizplus · Accepted Answer

Barb's opportunity cost of setting up one computer is testing 4/5 computer, and Jim's opportunity cost of setting up one computer is testing 3/4 computer.

Table 3-9 Barb and Jim Run a Business That Sets Up and Up