Economics Comparative Advantage Discussion


For this discussion, please write 8 different paragraphs describing an activity that you (or someone you know) have (has) a comparative advantage (lower opportunity cost) in doing. Be sure to explain your example. Make sure your paragraphs are 6 sentences or more for each. Good luck For example, my son has a comparative advantage in feeding our chickens. Although I have an absolute advantage in feeding them (I can do it much more quickly and with less waste), my opportunity cost is higher because it takes me away from grading your homework ??

Explanation & Answer:
8 Paragraphs

opportunity cost

Sampling distribution

Comparative Advantage

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