Chapter 3: The Gains From Trade

Описание к видео Chapter 3: The Gains From Trade

Farmer and Rancher 3:18
Drawing the Farmer and Rancher's PPF 9:52
The Rancher's plan 17:07
The outcome of the plan 21:22
Absolute advantage vs comparative advantage 28:41
Calculating the opportunity cost 33:28
The slope of the PPF represents the opportunity cost of the good on the horizontal axis 36:12
Making the opportunity cost table 40:10
The range of prices at which gains from trade exist 45:04
Another numerical problem 51:55

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