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August 30, 2014

Homework Help: Economics- Micro

Posted by Samantha on Thursday, October 4, 2007 at 11:17pm.

You have an option to hire 2 hunters.

The first hunter is able to kill two deers in an hour, the other hunter is able to kill one deer in an hour.

Do you, without a doubt, hire the first hunter because he has an aboslute advantage?

My question is that as there is only one variable- killing deer, you cannot apply comparative advantage but do you still, without a doubt, hire the first hunter because he maximises output for the given resource or is it not possible to determine an answer?

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