production possibilities curve

A possibility curve would help you know what or where your business is going wrong at and it would be able to tell you what need to be done next.

the best way to determine if we are making a rational economic decision is to see what type of progress we are making. by seeing what need to be changed in order for a successful business.

Companies  choose to specialize and trade because specializing you can get things from other countries that other companies may not have access to, giving you a better hand from other companies. If they doesnt specialize they wouldnt have a successful company.

I feel that this was the most hardest subject.