PRINCIPLES OF MICROECONOMICS (LL)W/ACC.
7th Edition
ISBN: 9781264198733
Author: Frank
Publisher: MCG
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Chapter 2, Problem 2.1CC
Should Meg update her own web page?
Consider a small community in which Meg Is the only professional bicycle mechanic and Pat is the only professional web designer. If their productivity rates at the two tasks are as shown in the table, and if each regards the two tasks as equally pleasant (or unpleasant), does the fact that Meg can update a web page faster than Pat imply that Meg should update her own web page?
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Chapter 2 Solutions
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