Scenario: Yasmin and Zeek Are Lawyers Working at V, W

question 89

Multiple Choice

Scenario: Yasmin and Zeek are lawyers working at V, W, and X LLP. Yasmin works 48 hours a week, and Zeek also works 48 hours a week. They handle two types of cases, intellectual property (IP) cases and corporate fraud (CF) cases. It takes Yasmin 6 hours to handle each IP case and 4 hours to handle each CF case. Zeek can finish an IP case in 3 hours and a CF case in 6 hours.
-Refer to the scenario above.What is Yasmin's opportunity cost of handling an IP case?

• A) 6 hours
• B) 40 minutes
• C) Two-thirds of a CF case
• D) One and a half IP cases

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Definitions:

Opiates

A group of drugs derived from opium that are used for their analgesic (pain-relieving) properties but are also highly addictive.

Lethal

Capable of causing death or serious harm.

Drug Addiction

A chronic disorder characterized by compulsive drug seeking, continued use despite harmful consequences, and long-lasting changes in the brain.

Arousal

A physiological and psychological state of being awake or reactive to stimuli, involving cognitive, emotional, and behavioral components.