5. Amanda is a student working part-time at an insurance company. Amanda can work only 5 hours...
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5. Amanda is a student working part-time at an insurance company. Amanda can work only 5 hours a day. Her manager informs her that she needs to review 250 documents and process 250 insurance claims in the next 10 days. The following table shows how many documents and claims Amanda can work on in a given number of hours: Hours Spent on Documents Documents Hours Spent on Insurance Claims Claims 1 10 1 5 2 20 2 10 3 30 3 15 4 40 4 20 5 50 5 25
a. Create a PPC for Amanda.
b. What is the slope of the curve?
c. What is her opportunity cost of reviewing one document?
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