Crusoe's and Friday's past patterns of production and consumption are described in the table at right. From the table, each man's hourly output at each task has been computed and is shown below the table. Clearly, Crusoe is a stronger producer than Friday in these two categories of labor. Now that they have met, Friday might hope to benefit from Crusoe's greater productive ability. On the other hand, it might seem on the surface that Crusoe cannot benefit from associating with Friday in either of these enterprises. |
|
|
Bamboo Poles
per Year |
Bushels of Berries
per Year |
Annual Hours Producing
Bamboo Poles |
Annual Hours Producing
Berries |
Total Hours
of Labor |
Crusoe |
100 | 50 | 10 | 25 | 35 |
Friday |
75 | 42 | 15 | 24 | 39 |
Crusoe: |
100/10 |
= |
10 |
bamboo poles per hour |
|
50/25 |
= |
2 |
bushels of berries per hour |
Friday: |
75/15 |
= |
5 |
bamboo poles per hour |
|
42/24 |
= |
1.75 |
bushels of berries per hour |
|