Question 4 Jesse works as a research assistant and is currently surveying participants in a study. In a typical work week Jesse can complete 24 surveys if he only works on surveys and works efficiently. Jesse's professor also wants him to read research papers. In the time it takes Jesse to read 1 research paper he can complete 3 surveys. If Jesse works efficiently, which of the following combinations of surveys and papers can he complete in a typical work week? Read 4 papers and complete 12 surveys Read 72 papers and complete O surveys Read 3 papers and complete 18 surveys Read 12 papers and complete 4 surveys

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Question 4
Jesse works as a research assistant and is currently surveying participants in a study.
In a typical work week Jesse can complete 24 surveys if he only works on surveys
and works efficiently. Jesse's professor also wants him to read research papers. In the
time it takes Jesse to read 1 research paper he can complete 3 surveys. If Jesse
works efficiently, which of the following combinations of surveys and papers can he
complete in a typical work week?
Read 4 papers and complete 12 surveys
Read 72 papers and complete O surveys
Read 3 papers and complete 18 surveys
Read 12 papers and complete 4 surveys
Question 5
Omar and Max are TAs for ECN 104, they have to grade assignments and write exam
questions. In an hour, Omar can either grade 15 assignments or write 10 exam
questions, Max can either grade 20 assignments or write 11 exam questions. Which
of the following statements is TRUE?
Max exchanging 10 assignments he has graded for 6 exam questions Omar has
written is a mutually beneficial transaction for both TAS
Omar has the absolute advantage in grading assignments
Omar has the comparative advantage in grading assignments
Max has the comparative advantage in writing exam questions
Transcribed Image Text:Question 4 Jesse works as a research assistant and is currently surveying participants in a study. In a typical work week Jesse can complete 24 surveys if he only works on surveys and works efficiently. Jesse's professor also wants him to read research papers. In the time it takes Jesse to read 1 research paper he can complete 3 surveys. If Jesse works efficiently, which of the following combinations of surveys and papers can he complete in a typical work week? Read 4 papers and complete 12 surveys Read 72 papers and complete O surveys Read 3 papers and complete 18 surveys Read 12 papers and complete 4 surveys Question 5 Omar and Max are TAs for ECN 104, they have to grade assignments and write exam questions. In an hour, Omar can either grade 15 assignments or write 10 exam questions, Max can either grade 20 assignments or write 11 exam questions. Which of the following statements is TRUE? Max exchanging 10 assignments he has graded for 6 exam questions Omar has written is a mutually beneficial transaction for both TAS Omar has the absolute advantage in grading assignments Omar has the comparative advantage in grading assignments Max has the comparative advantage in writing exam questions
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