Question
Two people, Gilligan and the Skipper, are shipwrecked on a tropical island. There is an abundance of fresh water and coconut trees over the island.
Two people, Gilligan and the Skipper, are shipwrecked on a tropical island. There is an abundance of fresh water and coconut trees over the island. Also, fish are plentiful in the bays and lagoons. Given his agility, Gilligan is much better at gathering coconuts than the Skipper. On the other hand, the Skipper is a much better fisherman than Gilligan. The tides affect fishing opportunities in such a way that both individuals have three options: (a) spend the whole day fishing, (b) spend half the day fishing and half the day gathering coconuts, or (c) spend the whole day gathering coconuts. On a typical day, Gilligan and the Skipper's efforts would result in the following outcomes:
Two people, Gilligan and the Skipper, are shipwrecked on a tropical island. There is an abundance of fresh water and coconut trees over the island. Also, fish are plentiful in the bays and lagoons. Given his agility, Gilligan is much better at gathering coconuts than the Skipper. On the other hand, the Skipper is a much better fisherman than Gilligan. The tides affect fishing opportunities in such a way that both individuals have three options: (a) spend the whole day fishing, (b) spend half the day fishing and half the day gathering coconuts, or (c) spend the whole day gathering coconuts. On a typical day, Gilligan and the Skipper's efforts would result in the following outcomes: GILLIGAN SKIPPER FISH COCONUTS FISH COCONUTS (a) Full day fishing 10 0 16 0 (b) Half day fishing, half 5 10 8 2 gathering coconuts (c) Full day gathering 0 20 0 4 coconuts Which individual has an absolute advantageStep by Step Solution
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