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2-2 Simulation Discussion: Comparative Advantage I .5 Discussion Topic 0 Available on Mar 5, 2022 11:5? PM. Submission restricted before availability starts. NOTE THAT A
2-2 Simulation Discussion: Comparative Advantage I .5 Discussion Topic 0 Available on Mar 5, 2022 11:5? PM. Submission restricted before availability starts. NOTE THAT A CUSTOM RUBRIC IS USED FOR THIS DISCUSSION. A difference in opportunity costs between businesses can lead to a comparative advantage in the production of a good and the decision to trade. For this discussion, first play the simulation games Comparative Advantage (Without Trade) and Comparative Advantage (With Trade) in the MindTap environment. Then. you will share your experiences playing the games. Your work in this discussion will directly support your success on the course project. In your initial post, include the image of your simulation report in your response. See the How to Submit a Simulation Report Image PDF document for more information. Then, address the following questions: I Imagine you own your own business. How would you evaluate opportunity costs and comparative advantage when making business decisions? . Look up a Production Possibilities Frontier (PPF') graph. What role does the production possibility trontier (PPF) model have in making business decisions regarding specialization and trade? In your responses, comment on the posts of at least two peers whose simulations had different outcomes than your own. Research and provide examples of companies in the news that are relevant to your peers' comments on the value of comparative advantage for making their business . \"new: A iIJr :I U 5, '- ent html lIJr :1 U5. - EnlililES .in Shot ' .5144 PM Wm
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