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How do individuals evaluate opportunity costs to make business decisions? Explain what role the production-possibility frontier (PPF) has in the decision-making process. Explain how comparative

How do individuals evaluate opportunity costs to make business decisions? Explain what role the production-possibility frontier (PPF) has in the decision-making process.

Explain how comparative advantage impacts a firm's decision to engage in trade. Would a business' decision to trade cause a change to its PPF? Provide specific reasoning to support your claims.

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