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250 word Microeconomics discussion post
Date Posted: 12/09/2021
Category: Economics
Due Date: 13/09/2021
Instruction
Now that you are lving on campus for the semester (or commuting) there is quite a bit of interactions going on between you and other economic agents on a daily basis. These interactions are mostly to facilitate your economic needs. Construct a simple model of your interaction with another economic agent in a day (24 hours) to show how you traded an activity or good to improve your welfare. Explain, who has absolute advantage (if any) and who has comparative advantage in performing each of the activities.
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