Economics 2182A/B Study Guide - Final Guide: Takers, Autarky, Standard Deviation
11 Apr 2017
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Teams and athletic contests define institutions, cities, and nations. Downside of sports perform enhancing drugs. Comparative advantage: someone who can produce a good or service at a lower opp cost than someone else. Absolute advantage: someone has an absolute advantage when they are more productive than someone else. In an hour sam can read 26 pages or solve 10 math problems. In an hour jeremiah can read 10 pages or solve 2 math problems. Sam has the ca in math, jeremiah must have it in reading then. # of bases / # of at bats. The contribution of each hitter is sa1 x ab1 / ab team. Team sa = sa1 x ab1 / abteam + sa2 x ab2 / abteam + . A 1 point increase in team slugging average increases the win ratio by. =0. 453: ruth"s at bats as a percentage of the team at bats. Ruth"s at bats / team at bats = 2455/21891.
