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Comparative advantage is found in the production of the good which 

          Comparative advantage is found in the production of the good which

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Principles of Economics
Principles of Economics
Gregory Mankiw 8th Edition
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Transcript

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00:01 Hello everyone, in this question we have to give the reason behind emergence of comparative advantage.
00:09 So, first let's discuss the term.
00:15 So, comparative advantage is a situation where one person, company or nation produce a good or service at a lower opportunity cost than others.
00:55 Further, there is one more term which is opportunity cost.
01:09 So, opportunity cost is the value of what must be sacrificed in order to provide specific commodity...
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