Using only the concept of comparative advantage, evaluate this statement: A professor with a Ph.D. in physics

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Using only the concept of comparative advantage, evaluate this statement: "A professor with a Ph.D. in physics should never mow his or her own lawn, because this would fail to take into account the professor's comparative advantage."

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Economics Today

ISBN: 978-0132554619

16th edition

Authors: Roger LeRoy Miller

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Question Posted: Aug 01, 2016 12:33 PM

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Using only the concept of comparative advantage, evaluate this statement: A professor with a Ph.D. in physics

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In general cases a professor with a PhD can earn a higher pay for spe...View the full answer

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