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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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