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. Then, address the following questions:

• Imagine you own your own business. How would you evaluateopportunity costs and comparative advantagewhen making business decisions?

• Look up a Production Possibilities Frontier (PPF) graph. What role does theproduction possibility frontier (PPF) modelhave in making business decisions regarding specialization and trade?

WITH TRADE:

End of Round 1 - (No Trade) The Solution Your Solution Our analysts have determined that to produce the Units Produced most combos, you need to produce: Burgers 60 Fries 120 80 80 Combos You Sold: 60 Optimal Combos: 80End of Round 1 - (With Trade) The Solution Your Solution Our analysts have determined that WITHOUT Units Produced Traded Final TRADE, the optimal solution was: Burgers 60 5 65 Fries 120 -4 116 80 80 Combos You Sold: 65 Optimal Combos: 80 Were you able to do better WITH TRADE