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Canada (162,342)
Economics (748)
ECON 1BB3 (339)
Chapter 3

lecture 4 ~ chapter 3.docx
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Department
Economics
Course
ECON 1BB3
Professor
Hannah Holmes
Semester
Fall

Description
Why doesn’t Sydney Crosby mow his lawn? - he has other things to do that are more valuabe to his time Comparative advanatage excerise: Canada and mexico  trucks and computers Group A: Trucks Computers Canada 600 3000 Mexico 300 1000 - Canada can produce 600 trucks or 3000 computers; can produce both but less values Group B: Trucks Computers Canada 600 3000 Mexico 1000 1000 Trucks computers canada 600 (600) 3000 (3000) Mexico 300 (1000) 1000 (1000) - both
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