Question: Amanda and Raj are both students working part-time at an insurance company. Amanda can only work 5 hours a day. Her manager informs her that

Amanda and Raj are both students working part-time at an insurance company. Amanda can only work 5 hours a day. Her manager informs her that she needs to review 250 documents and process 250 insurance claims in the next ten days. The following table shows how many documents and claims Amanda can work on in a given number of hours:

Amanda and Raj are both students working part-time at an

a. Create a production possibilities curve for Amanda.
b. What is the slope of the curve?
c. What is her opportunity cost of reviewing one document?

Hours spent on documents Hours spent on insurance claims Claims Documents 10 20 30 40 50 10 15 20 25

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