Reference no: EM131651840

Does my example below of absolute advantage and comparative advantage make sense? Please give a thorough answer if something doesn't make sense and needs to be tweeked. Thank you!

Brett Favre has an absolute advantage at football. For all we know, he may be excellent in accounting too, giving him an absolute advantage at that as well. If Favre took time from the field to do his own finances, he sacrifices a large sum of money he earns while playing football. He decides to hire a bookkeeper/accountant to handle his financial affairs who quit her job to work for him. She would have the comparative advantage in accounting because she has a lower opportunity cost (giving up lesser wage compared to the football player).