Comparative advantage-opportunity cost and housework

Assignment Help Operation Management

Reference no: EM132153648

Comparative Advantage, Opportunity Cost, and Housework. Answer these questions:

1. In discussing dividing up the household chores, Emily, an economist at the University of Chicago, advises, "No, you shouldn't always unload the dishwasher because you're better at it." If you are better at unloading the dishwasher, why shouldn't you be the one to unload it?

2. The chapter mentions that in 1965, married women with children did an average of 32 hours of housework per week, while men did an average of only 4 hours of housework - a total of 36 hours of housework. In 2014, the estimated average weekly hours of household for declined to 15, while the hours worked by men increased to 10 - a total of 25 hours of housework. Does the decrease in the total number of hours of - from 36 to 25 - mean that families are willing to live in messier homes? Briefly explain.

Reference no: EM132153648

Questions Cloud

Why is services marketing important : Why is services marketing important? What supply chain initiatives and innovations has amazon implemented?

Refers to culture as the software of mind : Refers to culture as the "software of mind", meaning mind's "hardware" is universal among human beings but software of culture takes many different forms.

Trigger event that would cause this risk to impact project : What is the trigger event that would cause this risk to impact the project?

What is the annual total cost excluding the purchasing cost : What is the annual ordering cost? What is the annual total cost excluding the purchasing cost?

Comparative advantage-opportunity cost and housework : Comparative Advantage, Opportunity Cost, and Housework.

Corporation has different ways of advertising their product : The marketing department at a large corporation has different ways of advertising their product, such as through: television, radio, magazines and etc.

Management skills to work in present global environment : Does this course teach the required management skills to work in present global environment ?

What are amazon supply chain weaknesses : What are Amazon's supply chain weaknesses?

What is the optimal number of orders per year : What is the average inventory. What is the optimal number of orders per year. What is the annual total cost excluding the purchasing cost.

User Account

All Pages