Amy and Bill are fixing up their house by painting walls and installing electrical outlets. In one hour, Amy can paint 8 walls, or install 6 outlets….
Amy and Bill are fixing up their house by painting walls and installing electrical outlets.
In one hour, Amy can paint 8 walls, or install 6 outlets.
In one hour, Bill can paint 5 walls, or install 5 outlets
a. If Amy painted 8 walls in the first hour of work, and then switched to doing 6 outlets in the second hour of work, what was the opportunity cost of each of those outlets?
Instructions: Round your answers to two decimal places.
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