Format& Instructions for Assignment #2

• If I owned a business, a production possibilities curve would tell me, what two things you can produce efficiently. Increasing of product profit and trade could cause your production possibilities curve to shift outward.
• The marginal benefit eceeds the marginal cost determines weather you are making a rational economic decision.
• Companies choose to specialize and trade because it increase production and profits If the companies did not specialize it would be a decrase in production and profits

• I feel that I need a better unstanding on this standard to really get into detail about the assignment.