On-Level Econ Unit 1 Lesson 3 - PPCs and Comparative Advantage by jclerch https://padlet.com/jclerch/eoocx746ir84 This lesson explains why there are advantages to trading. en-us 2016-10-09 12:49:33 UTC 2026-01-15 20:35:11 UTC hello@padlet.com https://padlet-uploads.storage.googleapis.com/135439946/59a4b15ae8136eeb868f6921a89fac39/IMG_12291_1mb.png Quizlet Comparative Advantage Terms jclerch https://padlet.com/jclerch/eoocx746ir84/wish/179508144 2017-07-26 16:04:22 UTC https://padlet.com/jclerch/eoocx746ir84/wish/179508144 jclerch https://padlet.com/jclerch/eoocx746ir84/wish/179690497 2017-07-29 22:18:42 UTC https://padlet.com/jclerch/eoocx746ir84/wish/179690497 jclerch https://padlet.com/jclerch/eoocx746ir84/wish/179693972 2017-07-30 02:40:21 UTC https://padlet.com/jclerch/eoocx746ir84/wish/179693972 jclerch https://padlet.com/jclerch/eoocx746ir84/wish/226754776 2018-01-31 19:07:53 UTC https://padlet.com/jclerch/eoocx746ir84/wish/226754776 jclerch https://padlet.com/jclerch/eoocx746ir84/wish/226755050 2018-01-31 19:08:22 UTC https://padlet.com/jclerch/eoocx746ir84/wish/226755050 jclerch https://padlet.com/jclerch/eoocx746ir84/wish/226755392 2018-01-31 19:08:52 UTC https://padlet.com/jclerch/eoocx746ir84/wish/226755392 Reffonomics Textbook jclerch https://padlet.com/jclerch/eoocx746ir84/wish/240580504 2018-03-11 15:39:07 UTC https://padlet.com/jclerch/eoocx746ir84/wish/240580504 Questions jclerch https://padlet.com/jclerch/eoocx746ir84/wish/245835342 1. How can you graphically demonstrate the outer limit of what can be produced by a person/firm/country? 

2. What happens when product inputs are not equally suited to producing the two goods representing you/your firm/your country? 

3. What is absolute advantage and how do you calculate it? 

4. What is comparative advantage and how do you calculate it? 

5. How can you determine terms of trade? 
]]> 2018-03-25 15:08:20 UTC https://padlet.com/jclerch/eoocx746ir84/wish/245835342 jclerch https://padlet.com/jclerch/eoocx746ir84/wish/644983702 2020-07-01 13:36:45 UTC https://padlet.com/jclerch/eoocx746ir84/wish/644983702 jclerch https://padlet.com/jclerch/eoocx746ir84/wish/644983706 2020-07-01 13:36:46 UTC https://padlet.com/jclerch/eoocx746ir84/wish/644983706 jclerch https://padlet.com/jclerch/eoocx746ir84/wish/644983707 2020-07-01 13:36:46 UTC https://padlet.com/jclerch/eoocx746ir84/wish/644983707 jclerch https://padlet.com/jclerch/eoocx746ir84/wish/644983713 2020-07-01 13:36:46 UTC https://padlet.com/jclerch/eoocx746ir84/wish/644983713 jclerch https://padlet.com/jclerch/eoocx746ir84/wish/644983714 2020-07-01 13:36:46 UTC https://padlet.com/jclerch/eoocx746ir84/wish/644983714 jclerch https://padlet.com/jclerch/eoocx746ir84/wish/644984766 2020-07-01 13:37:55 UTC https://padlet.com/jclerch/eoocx746ir84/wish/644984766