Econ 15600 Video Project
By zhoopes, Updated
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Adam & Joe work at same company
Adam is the best at X & Y but has to pick one or the other (Explain opportunity cost for doing X and Y)
Joe can do both as well but does better at Y than X explain opportunity cost difference
Explain who has the absolute and comparative advantages
State that Adam has been told to do X b/c his opportunity cost is lower and can do more X than Y
State that Joe has been told to do Y b/c even though he is not the best at it his boss likes him as a person and wants him to be a productive employee.
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