Assignment:
Instructions
You will be evaluating each of the questions as you will need to make sure to use relevant economic terms and content development in your work.
Questions:
1. Explain the concept of opportunity cost in decisions that you have to make.
2. Analyze how incentives influence your daily decisions.
3. Explain how scarcity is determined in our economy.
4. Analyze the difference between macro and microeconomics and apply how each of them affects you.
5. Interpret how economics influences decisions that you have to make.