Econ. Comparative Advantage

Econ. Comparative Advantage

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  • Why do you get to fish and I have to start the fire?
  • Because... Before my years in prison, I used to be a fisherman. It was my specialty.
  • <- KyleConnor->
  • But it doesn't seam that hard to fish. Why can't I try?
  • But in the world of comparative advantage, thing like opportunity cost factor in. Because you still need to learn to fish, it will waste more time.
  • In your mind it makes sense for you fish instead because you are younger and absolute advantage would back your statement...
  • I still don't understand
  • Oh...
  • In layman's terms... I am just more skilled than you.
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