Fahd and Adil Must Prepare a Presentation for Their Marketing

question 33

Essay

Fahd and Adil 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 Fahd 10 hours to do the required calculation and 10 hours to prepare the slides.It would take Adil 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 specialize in calculating or preparing slides?
c.If Fahd and Adil have the same opportunity cost of $5 per hour,is there a better solution than for each to specialize in calculating or preparing slides?

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Definitions:

Containment Doctrine

A foreign policy strategy aimed at preventing the expansion of a hostile power or ideology, particularly associated with the United States' approach to the Soviet Union during the Cold War.

Cold War

A period of geopolitical tension between the Soviet Union and the United States and their respective allies from the end of World War II in 1945 until the dissolution of the Soviet Union in 1991, characterized by threats, propaganda, and other measures short of open warfare.

Red Scare

Periods of intense fear and suspicion in the United States regarding the influence of communism and anarchists, notably after World War I and during the Cold War.

Civil Liberties

Fundamental rights and freedoms protected by law from governmental interference or deprivations without due process.