Question
1. Suppose Black Panther and Captain America are roommates, and they want to find a way to divide up household chores: cooking meals and cleaning
1. Suppose Black Panther and Captain America are roommates, and they want to find a way to divide up household chores: cooking meals and cleaning the house. It takes Black Panther 45 minutes to make a meal and 90 minutes to clean one room. It takes Captain America 60 minutes to make a meal and 90 minutes to clean one room.
a. (2p) Black Panther's opportunity cost of cooking 1 meal is ______________________ , while Captain America's opportunity cost of cooking 1 meal is _________________ . SHOW YOUR WORK
b. (2p) If Black Panther and Captain America specialize according to the principle of comparative advantage, Black Panther should specialize in ____________________ , and Captain America should specialize in ______________________. SHOW YOUR WORK.
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