Cole and Tashonna Must Prepare a Presentation for Their Marketing

question 200

Essay

Cole and Tashonna must prepare a presentation for their marketing class. As part of their presentation, they must do a series of calculations and prepare 20 PowerPoint slides. It would take Cole 5 hours to do the required calculations and 5 hours to prepare the slides. It would take Tashonna 6 hours to do the calculations and 10 hours to prepare the slides.
a. How much time would it take the two to complete the project if they divide the calculations equally and the slides equally?
b. How much time would it take the two to complete the project if they use comparative advantage and specialize in calculating or preparing slides?
c. If Tashonna and Cole have the same opportunity cost of $10 per hour, is there a better solution than for each to specialize in calculating or preparing slides?

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Definitions:

Psychotic Patients

Individuals diagnosed with psychiatric disorders that significantly interfere with cognition and perception, affecting their ability to recognize reality.

Hallucinations

Perceptions in a conscious and awake state in the absence of external stimuli that have qualities of real perception.

Thorazine

A medication primarily used to treat psychotic disorders such as schizophrenia, known generically as chlorpromazine.

Antipsychotic

A classification of medication primarily used to manage psychosis, including schizophrenic and bipolar disorders, by altering neurotransmitter levels in the brain.