Module 18 Assignment

Respond to the question prompt below:

You just got a job in Washington, D.C. You move into an apartment with some acquaintances. All your roommates, however, are slackers and do not clean up after themselves. You, on the other hand, can clean faster than each of them. You determine that you are 70% faster at dishes and 10% faster with vacuuming. All of these tasks have to be done daily. Which jobs should you assign to your roommates to get the most free time overall? Assume you have the same number of hours to devote to cleaning. Now, since you are faster, you seem to get done quicker than your roommate. What sorts of problems may this create? Can you imagine a trade-related analogy to this problem?

Instructions

Respond to the question prompt by submitting your typed response in no more than a one-page double spaced document in 12 pt, Times New Roman. Your  response should be submitted by the deadline. This response will be graded with the writing rubric. (instructional faculty should edit this section to fit the desired expectation)

SLOS

This assignment addresses the following outcomes (and potential outcomes based on responses):

• Course SLO1: Identify the basic economic principles that serve as the foundation of economic analysis
• Course SLO 7: Analyze the performance of firms under different market structures
  
• Module SLO 3: Show the relationship between production costs and comparative advantage