1. Comparative Advantage: Discuss the Comparative Advantage (With Trade) simulation that you played in Module Two. You should add the Production Decisions graph and the Production Trade graph (i.e., the graph showing how many hamburgers per fries) from you simulation report into the project template as Figures 1.1 and 1.2. Then, answer the following questions in the paragraphs below the figures:
   • How does this simulation demonstrate how individuals evaluate opportunity costs to make business decisions? Use the Production Decisions graph from the simulation as a reference to explain what role the production-possibility frontier (PPF) has in the decision-making process.
   • Explain how comparative advantage impacts a firm's decision to engage in trade. Would a business's decision to trade cause a change to its PPF? Provide specific reasoning to support your claims.

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): 80End of Round 2 - (With Trade) The Solution Your Production Our analysts have determined that WITHOUT Units Produced Trade Final TRADE, the optimal solution was: Burgers 52 50 102 80 80 Fries 136 -32 104 Combos You Sold: 102 Optimal Combos (WITHOUT TRADE): 80 Were you able to do better WITH TRADE?SELLER - Market Closed My Summary Orders Transactions Unit Cost Price Profit $0.50 $1.31 $0.81 W N P $0.75 $1.34 $0.59 $1.00 $1.40 $0.40 Total Profit: $1.80 End of Game 83 10 00:00Personal Payoff Unit Price Cost Nuisance (per unit) 1 $6.08 $1.70 $0.13 $4.25 2 $3.97 $3.33 $0.13 $0.51 Total Nuisance caused by others -0.93 Total $3.83 Next round starts in... 7History Round 2 3 4 5 Drive Today? Yes Yes Yes No Yes Drivers 2 10 6 5 7 Revenue per Hour $32 $10 $16 $18 $14 Your Hours 15 5 8 N/A 7 Profit $191 -$39 $0 0 -$15 End of Game 8 10 00:00History Round Market Type Quantity Market Price Marginal Cost Total Profit Single Market 11 $5.25 $2.00 $35.75 2 Mixed Market 11 $5.25 $2.00 $35.75 Price Discrimination 12 | 10 $5.00 | $3.00 $2.00 $46.00 4 Price Discrimination 12 | 10 $5.00 | $3.00 $2.00 $46.00 Fo Round 4/4 00:00 AR 1 E