As a manager of a financial planning business you have two financial planners, Phil and Francis. In an hour, Phil can produce either one financial statement or answer 8 phone calls, while Francis can either produce 4 financial statements or answer 10 phone calls. Does either person have an absolute advantage in producing both products? Should these two planners be self-sufficient (each producing statements and answering phones) or specialize? Be sure to show your work.
As a manager of a financial planning business you have two financial planners, Phil and Francis. In an ?
24
May
scoot0ver
May 24, 2010 at 7:39 pm
google it
Judy1
May 24, 2010 at 8:31 pm
Sure sounds like a question that belongs in the homework help section, not here.
Flyby
May 24, 2010 at 9:20 pm
Sorry, but I won’t do your homework for you. I did my own when I was in school. You can’t learn if others do your work.