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4. Amanda and Raj are both students working part-time at an insurance company. Amanda can work only 5 hours a day. Her manager informs her

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4. Amanda and Raj are both students 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 table below shows how many documents and claims Amanda can work on in a given number of hours: Hours Hours spent spent on on insurance documents Documents claims Claims 1 10 1 5 2 20 2 10 3 30 3 15 40 4 20 50 5 25 a. Create a production possibilities curve for Amanda. b. What is her opportunity cost of reviewing one document? Amanda meets Raj at the water cooler and finds out Raj also needs to review 250 documents and process 250 insurance claims in the next 10 days. Raj also works 5 hours a day. Raj's production data can be found in the table below: Hours Hours spent spent on on insurance documents Documents claims Claims 1 5 1 10 2 10 2 20 15 3 30 4 20 4 40 25 5 50 c. Create a production possibilities curve for Raj. d. Can both Amanda and Raj benefit from helping each other? If so, what should be their terms of trade

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