Principle of economics do you think is being illustrate

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Question: Illustrate (at least) two key concepts from week 1 while discussing the main topic (not as a separate topic or just listed). Key concepts are listed at the end of every chapter. Please use CAPITAL LETTERS to name and define them. Which principle of economics (from Chapter 1) do you think is being illustrated by the topic of discussion? Please explain briefly why.

Reference no: EM133630340

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