Question

Let's assume that your favorite musician (who sells platinum records and has sold-out concerts) is a great cook. He also makes splendid cakes and pies. He could sell the pies and cakes for $30 each. Why doesn't he spend his whole day baking and cooking?

Answer 1

Because the opportunity cost of baking pies will be too high and he can make a lot more from singing and signing record deals

Step-by-step explanation: