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Economics

Problem

Two students are assigned to work together on a project that requires both writing and an oral presentation. Steve can write 1 page or prepare 3 minutes of a presentation each day. Anna can write 2 pages or prepare 1 minute of a presentation each day.

a. Who has a comparative advantage at writing?

b. Suppose that Steve goes to a writing tutor and learns some tricks that enable him to write 3 pages each day. Now who has a comparative advantage at writing?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92754638

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