Question: markus is a freelance graphic designer who earns 80 per...
Question details
Markus is a freelance graphic designer who earns $80 per hour and has no problems with getting clients. He is deciding whether to hire Laura, a recent college graduate, to assist him. It would take Laura two times as long as it takes Markus to complete a task. Should Markus hire Laura?
Question 6 options:
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Yes, if Laura agrees to work for twice as long as Markus. |
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No, because Markus is more productive than Laura, so he would be able to earn more when doing all the work himself. |
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No, because Markus has a comparative advantage over Laura. |
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Yes, but only if Laura agrees to work for less than $30 per hour. |
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Yes, if Laura agrees to work for $39 per hour. |
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