Randy and frank are both landscapers. randy can mow 8 lawns per day or prune 24 trees. frank can mow 6 lawns per day or prune 12 trees. what is each man’s opportunity cost of mowing lawns? who has a comparative advantage in each task, and who, if anyone, has an absolute advantage at each task?

(a) Randy's opportunity cost of mowing lawns =

                                                                       = 3

Therefore, 3 trees have to be foregone for mowing 1 lawn.

Randy's opportunity cost of pruning trees =

                                                                       = 0.33

Therefore, 0.33 lawns have to be foregone for pruning 1 tree.

(b) Frank's opportunity cost of mowing lawns =

                                                                       = 2

Therefore, 2 trees have to be foregone for mowing 1 lawn.

Frank's opportunity cost of pruning trees =

                                                                       = 0.50

Therefore, 0.50 lawns have to be foregone for pruning 1 tree.

(c) Frank has a comparative advantage in mowing lawns and Randy has a comparative advantage in pruning trees.

(d) Randy has a absolute advantage in both, mowing lawns and pruning trees.

what

explanation:

one of the appeals of a sole proprietorship is that business expenses are kept separate from your personal income tax return