Comparative advantage: It’s a good thing. Martha Stewart may be the world’s best ironer but she doesn’t do her own ironing. Every hour Martha spends ironing is an hour less she has to run her billion-dollar business. The cost of ironing is too high for Martha Stewart, even if she is the world’s best.
Martha can be most productive if she does what she does most best.
Martha can be most productive if she does what she does most best.
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