Randy and frank are both landscapers. randy can mow 8 lawns per day or prune 24 trees. frank can mow 6 lawns per day or prune 12 trees. what is each man’s opportunity cost of mowing lawns? who has a comparative advantage in each task, and who, if anyone, has an absolute advantage at each task?

(a) Randy's opportunity cost of mowing lawns =

                                                                       = 3

Therefore, 3 trees have to be foregone for mowing 1 lawn.

Randy's opportunity cost of pruning trees =

                                                                       = 0.33

Therefore, 0.33 lawns have to be foregone for pruning 1 tree.

(b) Frank's opportunity cost of mowing lawns =

                                                                       = 2

Therefore, 2 trees have to be foregone for mowing 1 lawn.

Frank's opportunity cost of pruning trees =

                                                                       = 0.50

Therefore, 0.50 lawns have to be foregone for pruning 1 tree.

(c) Frank has a comparative advantage in mowing lawns and Randy has a comparative advantage in pruning trees.

(d) Randy has a absolute advantage in both, mowing lawns and pruning trees.

one of the disadvantages of getting a government sponsored mortgage is they put a limit on the purchase price of the house. because the government is in charge of the mortage loan and terms, they are able to control how much money they are allowing someone to take out for the loan. not only are they incontrol, it's a lengthy process for a government sponsored mortgage.