Thank you very much. You did an excellent job on the power point presentation. Thanks!
BARNEY: 10min to write a speeding citation and 20 minutes to tow a vehicleGOOBER: 15min to write a speeding citation and 25 minutes to tow a vehiclea) does barney have an absolute advantage in any activity? b) What is Barneys relative opportinuty cost of writing one additional speeding citation? c) What is Goobers relative opportinuty cost of writing one additional speeding citation? d) In which activity does Barney have a comparative advantage and why? e) In which activity does Goober have a comparative advantage and why? f) From a microecenomics perspective expalin why a comparative is the relevant measure?
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