Alejandro and Roger Are Working on a Group Project for Class

question 152

Essay

Alejandro and Roger are working on a group project for class that requires writing a paper and designing charts to explain the information contained in the paper.Alejandro can write three pages of the paper in the same time it takes him to create two charts.Roger can write two pages of the paper in the same time he can produce a single chart.What is the opportunity cost for each to produce a single page of the essay? Based on the opportunity cost,who has the comparative advantage in writing the essay?

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Definitions:

Audit

A systematic examination of books, accounts, documents, and vouchers of an organization to ascertain how far the financial statements present a true and fair view of the concern.

Negligence

The failure to use that amount of care that a reasonably prudent person would have used under the same circumstances and conditions.

Malpractice

Negligence or failure by a professional to perform their duties to the accepted standard of practice in their field, which results in harm or loss.

Attorney

A professional and legal practitioner who represents and advises clients in legal matters and court proceedings.