You are misleading, in your example country A doesn't have just Comparative Advantage for Rice, it also has Absolute Advantage for rice, and in the other hand country B doesn't just have Comparative Advantage for beans, it also has Absolute Advantage.
When disusing Comparative Advantages, it is better to take an example with a country that has Absolute Advantages in both products over the other country.
OMG!! I SPENT HRS TRYING TO UNDERSTAND THIS STUFF and it only took u 2mins to teach it. you made this soooooo easy!!! i would definitely join what ever ECO class u teach!!! im def gonna Ace this quiz!!!
@jamroc54 i googled comparative online trying to find examples for the past 30 min. Came here output/input and there is your answer. Quick and easy. lol
thanks for the table, this helped me find a better way to find the opportunity cost while looking at simply a table instead of a graph
JRLOC488 2 months ago
MISLEADING PEOPLE! TOTALLY WRONG!!!
wscjbt438 2 months ago
did he say 3/15 = one third? but anyway, good explanation. love it!
starmoonlight153 3 months ago
explanation was nice, thank you. but the energy you give the students is awesome :D
iliadisi1 4 months ago 2
You are misleading, in your example country A doesn't have just Comparative Advantage for Rice, it also has Absolute Advantage for rice, and in the other hand country B doesn't just have Comparative Advantage for beans, it also has Absolute Advantage.
When disusing Comparative Advantages, it is better to take an example with a country that has Absolute Advantages in both products over the other country.
bbuuggzz 5 months ago
the handycam needs eyeglasses
dewalwalers 5 months ago
Hahahaha
dewalwalers 5 months ago
OMG!! I SPENT HRS TRYING TO UNDERSTAND THIS STUFF and it only took u 2mins to teach it. you made this soooooo easy!!! i would definitely join what ever ECO class u teach!!! im def gonna Ace this quiz!!!
jamroc54 1 year ago 4
@jamroc54 i googled comparative online trying to find examples for the past 30 min. Came here output/input and there is your answer. Quick and easy. lol
Game4564 4 months ago
bueller? bueller? bueller? haha but nicely done
agardinier 1 year ago
Thank you so much. I was at a complete loss with this lesson until I found this video. Excellent work!!
ktquinn214 1 year ago
jajja, best explanation i've seen but put some enthusiasm into it xD
ajajjajajaja
indomerum 1 year ago
this guy is cleaveland!
daniloprovitera 1 year ago
omg, you helped me so much, thank you!! i have a midterm tomorrow, and you are like the ONLY VID that actually makes sense...thank you thank you!!!
jaadore 1 year ago
this guy so monotone
Freshamker23 1 year ago
wow so much clearer!!! thanks
bballgirlj955 1 year ago
monotone
bettersurftwin1 1 year ago
Thanks for the great explanation homie! This is a way better explanation than what my lousy economics teacher said.
And1Allstar08 2 years ago
the guy fails to take into account margin, or else should have added that both rice and beans bring the same margin.
Pfapulle 2 years ago
thank so soooooo much!!!
this method rox!!
piperalways 2 years ago
guy, you have probably best explanation, it's in my favs(browser) now ;)
EvgenyF86 2 years ago
Great stuff, you saved me as well! I have a test over this stuff next Tuesday.
pablolopez26 2 years ago
Thank you, this is great in the sense that you gave a study tip and how to make us understand the concept better with your box
lseexternal 3 years ago
thank u! I learnt alot from this clip!!! U saved me! i got exam next week!!!
rockass2006 3 years ago