Economics play in the personal decisions


Question 1: What is economics?

Question 2: What types of things are considered in economics? What is not?

Question 3: What role does economics play in your personal decisions?

Question 4: What are the advantages of a market versus a command economy?

Question 5: What is the difference between the shift of and a movement along the demand curve?

Question 6: What is the difference between the shift of and a movement along the supply curve?

Question 7: How do shortags and surpluses develop?

Question 8: What types of shortages and surpluses affect you either personally or in your work environment?

Question 9: What causes the changes in supply and demand?

Question 10:  How do shifts in supply and demand affect your decision making?

Question 11: List four key points in the study of economics.

Solution Preview :

Prepared by a verified Expert
Microeconomics: Economics play in the personal decisions
Reference No:- TGS01831007

Now Priced at $25 (50% Discount)

Recommended (95%)

Rated (4.7/5)