In a particular neighborhood where all the houses are the same size, a contractor finds these two painters each with different styles of painting. Below is the amount of paint they need to do the rooms. JOE FRED BEDROOM 2 gallons 3 gallons LIVING ROOM 4 gallons 9 gallons A) What is Joe's opportunity cost of painting bedrooms? Of living rooms? B) What is Fred's opportunity cost of painting bedrooms? Of living rooms? C) Who has comparative advantage in Bedrooms? Living rooms? D) Is this input or output? Bill and Sue are living together. They make and deliver cakes for a living. Because of that they have two major chores, changing oil and icing cakes. ICE A CAKE CHANGE OIL BILL 30 minutes 20 minutes SUE 45 minutes 15 minues A) Is this input or output? B) What is Bill's opportunity cost of icing a cake? Changing Oil? C) What is Sue's opportunity cost of icing a cake? Changing Oil? D) Who has comparative advantage in icing cakes? Changing Oil