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Posted: September 6th, 2024
Jerome earns $60 per hour, and it takes him one hour to make dinner
Jerome earns $60 per hour, and it takes him one hour to make dinner. Olympia makes $25 per hour and it takes her two hours to cook dinner. Suppose Jerome calls Olympia and offers her $55 to make dinner. Are Jerome and Olympia better off? If no, Describe why not. If yes, How much do they gain?
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