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Comparative advantage and absolute advantage | Microeconomics | Khan Academy


Video Information

Published On

2011-12-30 17:31:13

Duration

00:10:16

Language

Urdu


This page has been accessed 3 times.

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Source channel: Khan Academy

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Description

Courses on Khan Academy are always 100% free. Start practicing—and saving your progress—now: https://www.khanacademy.org/economics-finance-domain/ap-macroeconomics/basic-economics-concepts-macro/scarcity-and-growth/v/comparative-advantage-and-absolute-advantage

Showing that a party benefits from trade as long as there is a comparative advantage (and not necessarily an absolute advantage)

Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/marginal-utility?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics

Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/gains-from-trade-tutorial/v/comparative-advantage-specialization-and-gains-from-trade?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics

Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course

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