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Folks, Let's talks about comparative advantage which, as we have been learning in this module, is the ability of one person or nation to do
Folks, Let's talks about comparative advantage which, as we have been learning in this module, is the ability of one person or nation to do something with a lower opportunity cost than another.
Suppose you are a professor and teach upper level classes in Economics but you are also good at fixing cars with basic know how. Why you might still prefer to take your automobile to a garage for a tuneup instead of trying to fix yourself.
Give reasons and justify!
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