Economy, asked by beautydotin, 5 months ago

hayden and josh are roommates . they share one bathroom . if Josh cleans the bathroom it takes him one hour if hayden cleans the bathroom , it takes him 30 minutes .They both clean the bathroom equally well and both find the job disagreeable. Each of them expereinces unpleasantness of cleaning valued at $100 .This us$100 account for both the opportunity cost of their time and the unpleasantness the bathroom . (Another way of thinking of this is that each would be happily pay $100 or less to avoid cleaning the bathroom .) When the bathroom is clean , they each expereince $75 of wellbeing . (The feeling they get from clean bathroom is equal to the value they would get from a clean bathroom is equal to the value they woul get from someone giving them $75. This $75 captures all the wellbeing they get from the clean bathroom including how they feel about the benefit to other who who visit or live in their household .​

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Answered by silentkiller186
0

Answer:

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