Lucia and kenji need to decide which one of them will take time off from work to complete the rather urgent task of shearing their llamas. lucia is pretty good with a pair of shears; she can shear the llamas in 1 hour. kenji is somewhat slow; it takes him 4 hours to shear the llamas. lucia earns $120 per hour as a psychiatrist, while kenji earns $20 per hour as a cobbler.
keeping in mind that either lucia or kenji must take time off from work to shear the llamas, who has the lowest opportunity cost of completing the task?
a. lucia and kenji face identical opportunity costs
b. kenji
c. lucia

B. Kenji has the lowest opportunity cost.

Explanation:

The opportunity cost is those resources that a person gives up when making a choice or making a decision.  If Lucia stopped working for an hour, stop receiving $ 120 . Otherwise, If Kenji stops working four hours, to shear the llamas, he stops receiving $ 80. Then, his opportunity cost is the lowest.

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%

answerall of the above;