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Imagine being a business owner. How would evaluate opportunity costs and comparative advantage when making business decisions? Look up a Production Possibilities Frontier (PPF) graph.

  • Imagine being a business owner. How would 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?

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