Thinking of the same business, now write a short paragraph about how an economist might

Chapter 1, Problem 2

(choose chapter or problem)

Thinking of the same business, now write a short paragraph about how an economist might use economic models to help the business owner make decisions about trade-offs and opportunity costs. Use all of the following terms.economy economic model production possibilities curvehypothesis trade-off opportunity costeconomy economic model production possibilities curvehypothesis trade-off opportunity cost

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