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Yusuf and Lebogang must prepare a presentation for their marketing class. As part of their presentation, they must do a series of calculations and prepare 50 PowerPoint slides. It would take Yusuf 10 hours to do the required calculation and 10 hours to prepare the slides. It would take Lebogang 12 hours to do the calculations and 20 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 specialise in calculating or preparing slides?
c. If Lebogang and Yusuf have the same opportunity cost of R50 per hour, is there a better solution than for each to specialise in calculating or preparing slides?
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