1.2. what are five foundations of economics? alicia and christine are doctors at a hospital and can each…

1.2. what are five foundations of economics? alicia and christine are doctors at a hospital and can each perform two tasks: open - heart surgery and liver transplants. alicia is more efficient than christine at both of these two tasks, but alicia has a lower opportunity cost in performing liver transplants. identify the actions that lead to the hospital seeing more patients. action that leads to seeing more patients drag appropriate answer(s) here christine and alicia get equal time doing heart surgery and equal time doing liver transplants. because alicia is more efficient at both types of surgery, the hospital has christine do administrative tasks. alicia spends most of her time doing liver transplants. christine spends most of her time doing liver transplants. christine spends most of her time doing heart surgeries. drag appropriate answer(s) here not an action that leads to seeing more patients

1.2. what are five foundations of economics? alicia and christine are doctors at a hospital and can each perform two tasks: open - heart surgery and liver transplants. alicia is more efficient than christine at both of these two tasks, but alicia has a lower opportunity cost in performing liver transplants. identify the actions that lead to the hospital seeing more patients. action that leads to seeing more patients drag appropriate answer(s) here christine and alicia get equal time doing heart surgery and equal time doing liver transplants. because alicia is more efficient at both types of surgery, the hospital has christine do administrative tasks. alicia spends most of her time doing liver transplants. christine spends most of her time doing liver transplants. christine spends most of her time doing heart surgeries. drag appropriate answer(s) here not an action that leads to seeing more patients

Answer

Brief Explanations:

The concept of comparative - advantage in economics suggests that individuals should specialize in tasks where they have a lower opportunity cost. Alicia has a lower opportunity cost in liver transplants, so she should focus on that. Christine, being relatively less efficient in both but with a higher opportunity cost in liver transplants compared to Alicia, should focus on heart surgeries. This specialization based on opportunity - cost will lead to increased overall productivity and the hospital seeing more patients.

Answer:

Alicia spends most of her time doing liver transplants. Christine spends most of her time doing heart surgeries.