Economic Comic

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  • What's up bro! Lets bake some pastries!
  • Let's specialize! You make cookies and I'll make muffins!
  • Wow! That's a great division of labor! Now we can get more done!
  • I can make 5 cookies and 3 muffins in one hour.
  • I can make 3 cookies and 1 muffin in an hour.
  • I have an absolute advantage on both the cookies and muffins but I make more cookies an hour, so I'll do that!
  • I have a comparative advantage with the muffins because my opportunity cost is lower, so I'll make those!
  • Wow! All this specialization sure has created some economic interdependence!
  • YAYYYYY!!!
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