Suppose Sansa and Arya divide their time between making daggers and shields. It takes Sansa 6 hours to make a dagger and 3 hours to make a shield, and it takes Arya 3 hours to make a dagger and 1 hour to make a shield. Sansa and Arya each work 30 hours a week. a. What is the maximum number of daggers each can make in a week? Sansa: daggers per week Arya: daggers per week b. What is the opportunity cost to each of making a dagger? Sansa's opportunity cost of making a dagger: Arya's opportunity cost of making a dagger: [ c. Who has the comparative advantage in making daggers? O Neither O Sansa O Arya shields O Arya O Neither O Sansa shields d. Who has the absolute advantage in making daggers?
Suppose Sansa and Arya divide their time between making daggers and shields. It takes Sansa 6 hours to make a dagger and 3 hours to make a shield, and it takes Arya 3 hours to make a dagger and 1 hour to make a shield. Sansa and Arya each work 30 hours a week. a. What is the maximum number of daggers each can make in a week? Sansa: daggers per week Arya: daggers per week b. What is the opportunity cost to each of making a dagger? Sansa's opportunity cost of making a dagger: Arya's opportunity cost of making a dagger: [ c. Who has the comparative advantage in making daggers? O Neither O Sansa O Arya shields O Arya O Neither O Sansa shields d. Who has the absolute advantage in making daggers?
Chapter2: Scarcity And Opportunity Costs
Section: Chapter Questions
Problem 14E
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![Suppose Sansa and Arya divide their time between making daggers and shields. It takes Sansa 6 hours to make a dagger and 3 hours
to make a shield, and it takes Arya 3 hours to make a dagger and 1 hour to make a shield. Sansa and Arya each work 30 hours a week.
a. What is the maximum number of daggers each can make in a week?
daggers per week
Arya:
daggers per week
b. What is the opportunity cost to each of making a dagger?
Sansa's opportunity cost of making a dagger:
Arya's opportunity cost of making a dagger:
c. Who has the comparative advantage in making daggers?
Sansa:
Neither
Sansa
O Arya
shields
Arya
Neither
Sansa
shields
d. Who has the absolute advantage in making daggers?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2225a944-df22-4b7d-83fa-578c45dad04f%2Feb269496-ec28-4dc4-9caa-57b3ae6a2c11%2Ftnegay_processed.png&w=3840&q=75)
Transcribed Image Text:Suppose Sansa and Arya divide their time between making daggers and shields. It takes Sansa 6 hours to make a dagger and 3 hours
to make a shield, and it takes Arya 3 hours to make a dagger and 1 hour to make a shield. Sansa and Arya each work 30 hours a week.
a. What is the maximum number of daggers each can make in a week?
daggers per week
Arya:
daggers per week
b. What is the opportunity cost to each of making a dagger?
Sansa's opportunity cost of making a dagger:
Arya's opportunity cost of making a dagger:
c. Who has the comparative advantage in making daggers?
Sansa:
Neither
Sansa
O Arya
shields
Arya
Neither
Sansa
shields
d. Who has the absolute advantage in making daggers?
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