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Eleanor and her little brother Josh are responsible for two chores on their family's farm, gathering eggs and collecting milk
Eleanor and her little brother Josh are responsible for two chores on their family's farm, gathering eggs and collecting milk. Eleanor can gather 6 dozen eggs or collect 2 gallons of milk per week. Josh can gather 2 dozen eggs or collect 2 gallons of milk per week. a. If the siblings were to specialized, which should collect the milk? (Select] b. If the siblings were to specialize, how many dozens of eggs would the family have per week? [ Select
Expert Solution
a) The siblings will specialize in doing that job in which the opportunity cost is less in terms of the other task.
If Elenor Gathers 6 dozen eggs, she would give up collecting 2 gallons of milk and vice versa. So for every gallon of milk, she would lose 3 dozens of eggs.
If her brother collects 2 gallons of milk, then he would only give up 2 dozens of eggs so per gallon of milk, he would sacrifice only 1 dozen of egg. So it is best that her brother specilizes in collecting milk.
b) If both of them specialize then the family will have 6 dozens of eggs gathered as Elenor spelizes in this task.
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