Explain the key points of this article in terms of economics

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Reference no: EM133328363

Question Answer the following questions with reference to the above article

1. Explain the key points of this article in terms of Economics in general.

2. Refer to the article, draw the possible "Production Possibilities Curve" (PPC) and explain each of them.

3. Explain the key points of this article in terms of "Scarcity&Choice" of economics.

4. Explain the key points of this article in terms of "Demand and Supply" (with any possible graphs)

5. Any knowledge of marginal utility used in this article, if yes, explain.

6. Explain the key pints of this article in terms of "Elasticity and Consumer Behavior) with any graphs if possible

Reference no: EM133328363

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