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Imagine you own your own business. How would you evaluate opportunity costs and comparative advantage when making business decisions? Refer to the Production Decisions graph

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

Refer to the Production Decisions graph generated from the simulations. What role does theproduction possibility frontier (PPF) modelhave in making business decisions regarding specialization and trade?

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