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Specialization in a fictitious country
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Hi there! Welcome to ProManu Inc. How are you today?
Im fine, just a little confused.
Well I've been transferred here for work.
And i'd like to know how things work around here.
Well ProManu Inc. is the biggest producer of Gallhobbs in all of Zaferino
What are Gallhobbs?
It's an aroma therapy ball.
Now have you experienced absolute or comparative advantage?
Actually, we have experienced both.
In what ways?
For absolute, as I already said we are the biggest producer of Gallhobbs and we use the same amount of resources as the other companies.
And for comparative we typically have a lower opportunity cost than our competitors.
So would you consider yourselves specialized in this particular product?
Over 13 Million
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