Principles of economics

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Assignment:

Think about a real life experience (yours or someone else's), a scene from a movie/TV show, or an event in the news that can be used to illustrate one of the 8 principles of economics. Describe the situation, how does the principle apply, and, (if applicable) how did you use the principle (or would have used it) to solve a problem or make a better decision.

Reference no: EM133364147

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