• 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 frontier (PPF) model have in making business decisions regarding specialization and trade?

End of Round 1 - (No Trade) The Solution Your Production Our analysts have determined that to produce Units Produced the most combos, you need to produce: Burgers 80 80 80 Fries 80 Combos You Sold: 80 Optimal Combos (WITHOUT TRADE): 80