Amadou and Bintou are lawyers working at Luvin, Prin, Siples, and Ycon LLP. Amadou works 60...
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Amadou and Bintou are lawyers working at Luvin, Prin, Siples, and Ycon LLP. Amadou works 60 hours a week. Bintou also works 60 hours a week. They handle two types of cases, property disputes (PD) cases and class action (CA) cases. It takes Amadou 6 hours to handle each PD case and 4 hours to handle each CA case. Bintou can finish an PD case in 2 hours and a CA case in 6 hours. a) Draw the individual Production Possibility Curves (PPC) for Amadou and Bintou. Who has the comparative advantage in handling PD cases? Why? b) Amadou's supervisor wants her to handle equal numbers of PD and CA cases. How much time would Amadou spend on each type of case? (Hint: Assume that she can work on a fraction of a case.) c) Bintou's supervisor wants her to handle equal number of PD and CA cases. How much time would Bintou spend on each type of case? (Hint: Assume that she can work on a fraction of a case.) d) Draw the joint PPC for Amadou and Bintou. If each worked only on their comparative advantage, how would they divide their tasks? e) Their joint supervisor now wants the total number of PD cases worked on by Amadou and Bintou to equal the total number of CA cases they complete (as a team, it does not matter what proportion of PD to CA each lawyer completes individually). How many PD and CA cases could they finish jointly with this constraint? Amadou and Bintou are lawyers working at Luvin, Prin, Siples, and Ycon LLP. Amadou works 60 hours a week. Bintou also works 60 hours a week. They handle two types of cases, property disputes (PD) cases and class action (CA) cases. It takes Amadou 6 hours to handle each PD case and 4 hours to handle each CA case. Bintou can finish an PD case in 2 hours and a CA case in 6 hours. a) Draw the individual Production Possibility Curves (PPC) for Amadou and Bintou. Who has the comparative advantage in handling PD cases? Why? b) Amadou's supervisor wants her to handle equal numbers of PD and CA cases. How much time would Amadou spend on each type of case? (Hint: Assume that she can work on a fraction of a case.) c) Bintou's supervisor wants her to handle equal number of PD and CA cases. How much time would Bintou spend on each type of case? (Hint: Assume that she can work on a fraction of a case.) d) Draw the joint PPC for Amadou and Bintou. If each worked only on their comparative advantage, how would they divide their tasks? e) Their joint supervisor now wants the total number of PD cases worked on by Amadou and Bintou to equal the total number of CA cases they complete (as a team, it does not matter what proportion of PD to CA each lawyer completes individually). How many PD and CA cases could they finish jointly with this constraint?
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Answer 1 General guidance The answer provided below has been developed in a clear step by step manner 2 Step By Step Step 1 Amadou and Bintous production possibility curves PPCs are shown with Amadous ... View the full answer
Related Book For
Organizational Behavior
ISBN: 978-0132834919
15th edition
Authors: Stephen P. Robbins and Timothy A. Judge
Posted Date:
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