hey maya I see you have the absolute advantage in strawberries and bananas, I find that so cool.
That's right CJ! but lets look at the opportunity cost chart so we can see who has the comparative advantage in strawberries and bananas.
Maya
CJ
STR
3B
2B
1/2STR
1/3STR
BA
Oh wow! after looking at the chart, I have the competitive advantage in strawberries and you have the comparative advantage in bananas.
interesting now lets look at our real production today chart
CJ
Maya
STR
20
10
80
150
BA
Yeah! also look at the bananas you will have 150 bananas and I will have 80 bananas and that would result in 230 bananas
After observing the chart, when we are working separately you will have 10 STR and I will have 20 STR, and that would be a total of 30 STR
Instead of us both producing Strawberries and bananas lets work on what we have in the comparative advantage, let me show you the real production chart when independent