Comparative Advantage Practice - Search Videos

Comparative advantage using a table

Comparative advantage using a table

In this video, we use the PPCs for two different countries that each produce two goods in order to create an output table based on the data in the graph. We then use the output table to determine the opportunity costs of producing each good. Finally, we determine which country has a comparative advantage in each good.

Comparative Advantage Explained

Comparative Advantage Explained | Comparative Advantage Practice | Think Econ

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