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The theory of comparative advantage predicts that athletes perform better when they specialize. Studies show that young athletes are increasingly focusing on a single sport. Do you think this is a good idea?

Yes, this is a good idea. According to the comparative advantage theory, unique products or firms producing better products at a lesser cost have comparative advantage over other firms. Likewise, if an athlete focuses on only a single sport, he will get better at it and will be at a comparatively advantageous position as compared to others who try out all the sports.

Are there any disadvantages to children and teenagers specializing and playing just a single sport?

Business Economics, Economics

  • Category:- Business Economics
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