To survive they must catch fish and collect driftwood. The more fish and wood they collect the better off they are. Person A requires 1.5 hours to catch a fish and 3 hours to collect a bundle of wood. The younger person B only requires 0.5 hours to catch a fish and 1.5 hours to collect the same bundle of wood. One day, they spot a new island on the horizon with identical natural resources. Person A cannot swim but person B is an excellent swimmer and could easily inhabit the new island. Would be in the best interest (from a purely economic point of view) of person B to abandon A and move to the new island?
2007-11-25
11:47:05
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3 answers
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asked by
shooterandcheech
1
in
Social Science
➔ Economics