Multiple Choice
Harold, a delivery man, washes and irons his own shirts.Sarah, his boss, sends her clothes to a laundry.Which is the most plausible economic explanation for this difference?
A) Harold must enjoy ironing more than Sarah does.
B) Harold must be better at ironing than Sarah is.
C) The opportunity cost of ironing is greater for Harold.
D) Harold probably has an absolute advantage in ironing.
E) Sarah has a higher opportunity cost of laundering her clothes than Harold does.
Correct Answer:
Verified
Correct Answer:
Verified
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