Comparative vs Absolute Advantage PowerPoint PPT Presentation

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Title: Comparative vs Absolute Advantage


1
Comparative vs AbsoluteAdvantage
  • The Babe Ruth Story

2
Absolute Advantage
  • Babe Ruth would have been the best pitcher on the
    NY Yankees pitching staff.
  • Note a pitcher can play once every 4 games to
    rest his arm.
  • He would also be there best hitter!

3
Absolute Advantage
  • The Babe had an absolute advantage in both
    pitching
  • (He would win 20 games a season!) and
  • hitting (he would hit 45-55 home runs and .370
    batting avg)

4
Comparative vs AbsoluteAdvantage
  • Where do you have him play?
  • Pitcher or 1st Base
  • Every 4th day or everyday?

5
Comparative vs AbsoluteAdvantage
  • What factors could affect your decision?
  • 1.
  • 2.
  • 3.
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