Through the use of the text choose four

    Through the use of the text choose four)

    Define Micro/Macro Economics (p. 4)
    List the four scarce resources (p. 8).
    Explain the cost involved when you make the choice to create more robots & the cost involved when you create more pizza in the pizza & robots table. (p. 9) Also, explain the economic rationale behind the law of increasing costs. (p.9)
    Draw the production possibility curve & explain the points inside, on, & outside the curve (p. 10 & 12).
    List & explain the economic systems (p. 26)
    Explain three of the characteristics of the market system  (p.27)
    List & explain the five fundamental questions (p. 31)
    Explain the concept of the Invisible hand, it’s 3 virtues, who created it, when & in what book. (p. 34)

                                                                                                                                      Order Now