Exchange and Opportunity Cost Should johnnie cochran write his own wi? o Cochran earns more than $1,000 per hour The cost of having a will prepared is less than $800 Chapter 2: Comparative Advantage: The Basis for Exchange Slide 5MB MC Chapter 2: Comparative Advantage: The Basis for Exchange Slide 5 Exchange and Opportunity Cost ◼ Should Johnnie Cochran write his own will? ⚫ Cochran earns more than $1,000 per hour ⚫ The cost of having a will prepared is less than $800