An economy consists of three workers: Dmitri, Jake, and Nick. Each works 10 hours a day...

An economy consists of three workers: Dmitri, Jake, and Nick. Each works 10 hours a day and can produce two services: mowing lawns and washing cars. In an hour, Dmitri can either mow 1 lawn or wash 2 cars; Jake can either mow 1 lawn or wash 1 car, and Nick can either mow 2 lawns or wash 1 car.

For each of the scenarios listed in the following table, determine how many lawns will be mowed and how many cars will be washed per day and enter these values into the corresponding row.

Scenario	Lawns Mowed	Cars Washed
All three spend all their time mowing lawns. (A)
All three spend all their time washing cars. (B)
All three spend half their time on each activity. (C)
Dmitri spends half his time on each activity, while Jake only washes cars and Nick only mows lawns. (D)

Solutions

Expert Solution

Scenario	Lawns	Cars
All three mow lawns A	10+10+20= 40	0
B	0	20+10+10= 40
C	5+5+10= 20	10+5+5=20
D	5+0+20= 25	10+10+0= 20

Rahul Sunny answered 1 year ago

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