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Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884 Exercise 30
Use the following information to work Problem.
He Shoots! He Scores! He Makes Movies!
NBA All-star Baron Davis and his school friend, Cash Warren, premiered their first movie Made in America at the Sundance Festival in January 2008. The movie, based on gang activity in South Central Los Angeles, received good reviews.
a. Does Baron Davis have an absolute advantage in basketball and movie directing and is this the reason for his success in both activities?
b. Does Baron Davis have a comparative advantage in basketball or movie directing or both and is this the reason for his success in both activities
He Shoots! He Scores! He Makes Movies!
NBA All-star Baron Davis and his school friend, Cash Warren, premiered their first movie Made in America at the Sundance Festival in January 2008. The movie, based on gang activity in South Central Los Angeles, received good reviews.
a. Does Baron Davis have an absolute advantage in basketball and movie directing and is this the reason for his success in both activities?
b. Does Baron Davis have a comparative advantage in basketball or movie directing or both and is this the reason for his success in both activities
Explanation
Verified
Verified
a.
Absolute advantage:
Absolute advant...
Macroeconomics 11th Edition by Michael Parkin
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