경제원론I 맨큐의 경제학 5판 영어원서 원페이지레포트 3장 복습문제
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- 2010.08.19
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경제원론I 맨큐의 경제학 5판 영어원서 원페이지레포트 3장 복습문제 입니다^^
목차
1. Give an example in which one person has an absolute advantage in doing something but another person has a comparative advantage
2. Explain how absolute advantage and compara-tive advantage differ
본문내용
1. Give an example in which one person has an absolute advantage in doing something but another person has a comparative advantage.
Tiger Woods spends a lot of time walking around on grass. One of the most talented golfers of all time, he can hit a drive and sink a putt in a way that most casual golfers only dream of doing. Most likely, he is talented at other activities too. For example, let`s imagine that Woods can mow his lawn faster than anyone else. But just because he can mow his lawn fast, does this mean he should?
To answer this question, we can use the concepts of opportunity cost and comparative advantage. Let`s say that Woods can mow his lawn in 2 hours. In that contrast, Forrest Gump, the boy next door, can mow Wood`s lawn in 4 hours. In that 4 hours, he could work at McDonald`s and earn $20.
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