Exchange and Opportunity Cost a Exercise 2.1 Should Barb update her own web page? Productivity in Productivity programming bicycle repair Pat 2 web page 1 repair/hr updates/hour Barb 3 web page 3 repairs/hr updates/hour OC of updating a web oC of a bicycle repair page Pat 0.5 bicycle 2 web page repalrs updates Barb 1 bicycle repair 1 web page update Chapter 2: Comparative Advantage: The Basis for Exchange Slide 9MB MC Chapter 2: Comparative Advantage: The Basis for Exchange Slide 9 Exchange and Opportunity Cost ◼ Exercise 2.1 Should Barb update her own web page? Productivity in programming Productivity in bicycle repair Pat 2 web page updates /hour 1 repair/hr Barb 3 web page updates / hour 3 repairs/hr OC of updating a web page OC of a bicycle repair Pat 0.5 bicycle repairs 2 web page updates Barb 1 bicycle repair 1 web page update