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firm: NEW ERA CORP, american headwear Can you think of other goods or services that the firm is not currently providing, but which could lead

firm: NEW ERA CORP, american headwear

  1. Can you think of other goods or services that the firm is not currently providing, but which could lead to a comparative advantage were the firm to choose to produce the good or service?
  2. Why would the firm have a comparative advantage in that new product?
  3. If the firm decided to expand, would you suggest starting production in that good or service (for which the firm has a comparative advantage) or should it choose another good or service? Why or why not?

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