A heart surgeon is skillful at unplugging arteries and rerouting the flow of blood, and these skills also make her a very skillful plumber. She can clear a clogged drain in six minutes, about 10 times faster than the most skillful plumber in town. Suppose the surgeon earns $25 per minute in heart surgery, and the best plumber in town charges $100 per hour. How much (in dollars) does the surgeon gain by hiring the plumber to clear a clogged drain?

A heart surgeon is skillful at unplugging arteries and rerouting the flow of blood, and these skills also make her a very skillful plumber. She can clear a clogged drain in six minutes, about 10 times faster than the most skillful plumber in town. Suppose the surgeon earns $25 per minute in heart surgery, and the best plumber in town charges $100 per hour. How much (in dollars) does the surgeon gain by hiring the plumber to clear a clogged drain?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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