Question

Nancy and Bill are auto mechanics. Nancy takes 3 hours to replace a clutch and 6 hours to replace a set of brakes. Bill takes 4 hours to replace a clutch and 8 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage. Instructions: Enter your responses rounded to two decimal places The opportunity cost of replacing a set of brakes for Nancy is 1.87 The opportunity cost of replacing a set of brakes for Bill is | 0.53 Bill has a comparative advantage in brake replacement. Nancy has a comparative advantage in clutch replacement. Bil has an absolute advantage in brake replacement. Nancy has an absolute advantage in clutch replacement.

Answer 1