An economy consists of three workers: Charles, Gilberto, and Lorenzo. Each works 10 hours a day and can produce two services: mowing lawns and
washing cars. In an hour, Charles can either mow 2 lawns or wash 1 car; Gilberto can either mow 1 lawn or wash 1 car; and Lorenzo can either mow 1
lawn or wash 2 cars.
For each of the scenarios listed in the following table, determine how many lawns will be mowed and how many cars will be washed per day and enter
these values into the corresponding row.
Scenario
All three spend all their time mowing lawns. (A)
All three spend all their time washing cars. (B)
All three spend half their time on each activity. (C)
Charles spends half his time on each activity, while Gilberto only washes cars and Lorenzo
only mows lawns. (D)
Lawns Mowed Cars Washed
In the following table, identify the opportunity cost of washing cars for each worker.
Worker
Opportunity Cost of Washing Cars
Charles
Gilberto
Lorenzo