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. Minutes Needed to Number of Computers Set Up or Tested in a 40-Hour Week Set Up 1 Computer Test 1 Computer Computers Set Up Computers Tested 50 40 Barb 48 Jim 30 40 80 60 Refer to Table 3-28. Barb's opportunity cost of setting up one computer is testing O a. 4/5 computer and Jim's opportunity cost of setting up one computer is testing 3/4 computer. O b. 4/5 computer and Jim's opportunity cost of setting up one computer is testing 4/3 computers. O c. 5/4 computers and Jim's opportunity cost of setting up one computer is testing 3/4 computer. O d. 5/4 computers and Jim's opportunity cost of setting up one computer is testing 4/3 computers.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Table 3-28
Barb and Jim run
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.
Minutes Needed to
Number of Computers Set Up or Tested in a 40-Hour Week
Set Up 1 Computer
Test 1 Computer
Computers Set Up
Computers Tested
50
40
Barb
48
?
Jim
30
40
80
60
Refer to Table 3-28. Barb's opportunity cost of setting up one computer is testing
O a. 4/5 computer and Jim's opportunity cost of setting up one computer is testing 3/4 computer.
O b.4/5 computer and Jim's opportunity cost of setting up one computer is testing 4/3 computers.
O c. 5/4 computers and Jim's opportunity cost of setting up one computer is testing 3/4 computer.
O d. 5/4 computers and Jim's opportunity cost of setting up one computer
testing 4/3 computers.
Transcribed Image Text:Table 3-28 Barb and Jim run 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. Minutes Needed to Number of Computers Set Up or Tested in a 40-Hour Week Set Up 1 Computer Test 1 Computer Computers Set Up Computers Tested 50 40 Barb 48 ? Jim 30 40 80 60 Refer to Table 3-28. Barb's opportunity cost of setting up one computer is testing O a. 4/5 computer and Jim's opportunity cost of setting up one computer is testing 3/4 computer. O b.4/5 computer and Jim's opportunity cost of setting up one computer is testing 4/3 computers. O c. 5/4 computers and Jim's opportunity cost of setting up one computer is testing 3/4 computer. O d. 5/4 computers and Jim's opportunity cost of setting up one computer testing 4/3 computers.
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