Question
Read the synopsis just above or next to the video clip, then view the clip in its entirety. here is the link https://broadwayeconomics.com/gaston/ https://broadwayeconomics.com/gaston/. (In
Read the synopsis just above or next to the video clip, then view the clip in its entirety.
here is the link https://broadwayeconomics.com/gaston/ https://broadwayeconomics.com/gaston/.
(In some instances the clip only provides lyrics, not video.) As you watch the video economic concepts are displayed and provide evidence of how they apply to the video.
- "Discussion Questions for "GastonLinks to an external site.". right below the link Then answer the questions that follow. (I provided them below actually)
- If the question(s) require a graph, simply do the graph on a separate piece of paper or use a graphing application
Discussion Questions for "Gaston"
1.) Assume Gaston's and a townsperson's skills are the following: Gaston Townsperson Lifting Things 24 6 Chicken Raising 16 8 Who has an absolute advantage in each task? Who has the comparative advantage in each? Show mathematically.
2.) For both individuals, what is the opportunity cost of raising chickens?
https://broadwayeconomics.com/gaston/
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