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December 9, 2022

Discuss the Ten Principles of Economics.

Discuss the Ten Principles of Economics.

Law of Supply

Describe the Law of Supply. What is the difference between a movement along the supply curve and a shift in the supply curve?

Law of Demand

Describe the Law of Supply. What is the difference between a movement along the curve and a shift in the curve?

The Invisible Hand

What does the saying, ” Theres no such this as a free lunch” mean?

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