Principles of Macroeconomics Assignment

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Reference no: EM132785575 , Length: 1708 Words

Principles of Macroeconomics Assignment -

1. Explanation of the concept of scarcity and opportunity cost.

2. Identification and predict a significant change in market outcomes given a change in demand or supply.

3. Discuss the explanation of the concept of market equilibrium.

4. Apply the concepts of revenue, cost and profit to price-output decisions.

Reference no: EM132785575

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