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Teresa and Sam need to decide which one will take of work to dig holes. Teresa i

ID: 1178374 • Letter: T

Question

Teresa and Sam need to decide which one will take of work to dig holes. Teresa is faster and can do it in 30 min

but Sam is slower and will take 3 hours. Teresa ears $ 80 an hour as a doctor and

Sam makes $ 10 an hour as a sales clerk.                  

                    Keeping in mind that one must take off work to complete the task who has the lowest

oppurtunity cost of completing the task.'                 

                                      

                    Sam                 

                                      

                    Both have the same identical cost                 

                    Teresa

Explanation / Answer

teresa

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