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Specialization in a fictitious country
Updated: 2/24/2020
Specialization in a fictitious country
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Storyboard Text

  • Hi there! Welcome to ProManu Inc. How are you today?
  • Im fine, just a little confused.
  • About what?
  • 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?
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