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Economics (1,617)
ECON 1BB3 (535)
Lecture

Lecture: Should you and your roommate divide household chores evenly?

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Department
Economics
Course
ECON 1BB3
Professor
Bridget O' Shaughnessy
Semester
Winter

Description
thEconomics Lecture January 12 2012Should you and your roommate divide household chores evenlyThere are 2 interior decorators who can paint and wallpaperThey have 40 hr work weeksMartha can paint 20 rooms or wallpaper 5 roomsStewart can paint 10 rooms or wallpaper 8 rooms40 hours Paint Wallpaper Martha 20 5 Stewart 10 8 hrs needed to do 1 room Paint Wallpaper Martha 2 8 Stewart 4 5 Opportunity Cost whatever must be given up to obtain some item eg Going to university instead of working Opportunity cost of 1 room Paint Wallpaper Martha 14 4 Stewart 45 54Marthas
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