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If one party specializes in a certain thing thus minimizing the oppurtunity cost,that is comparative advantage. Absolute advantage is when one party can

produce something using less resources.

To vacuum one room he could've completed 2 loads of dishes

To wash one load of dishes he could've vacuumed

1/2 a room

To vacuum one room she could've washed one load of

dishes. So no oppurtunity cost

To wash one load of dishes she could've

vacuumed one room. So no oppurtunity costDebbie

Mike

Debbie

Mike

Debbie should vacuum and Mike should

wash dishes

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o clean one jail cell he could've cleaned

2 offices

To clean one office he could've

cleaned 1/2 jail cells

To clean one jail cell she could've cleaned 4/3 offices

To clean one office he could've cleaned

3/4 jail cellsHannah

Hannah

Andy

Hannah

Hannah clean the jail cells andAndy clean the offices

To make one computer the US could

make 1/3 cars

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To make one car Japan could make 5/3

computers

To make one computer Japan could

make 3/5 of a car

US

Japan

Japan

US

US make computers and

Japan make cars

Because if a country is self-sufficient they are

not actually maximizing it's productivity and

therefore (according to the 10 Principles ofEconomics) is going to lower the country's

standard o f living