Diagrams and definitions should be used where possible. 1) Bring an article that demonstrates the principles of economics, your task is to explain which principles, define and explain the Principles effected, link the principles to the example. (Example should use at least two principles)2) If there is a technology improvement to good A, what happens to the amount of good B that can be produced? (Must discuss all of the different output possible for good B, define PPF, what each element represents and show the changes with Diagram)3) Explain with your own example how it is possible to consumer outside your production possibility frontier as an individual.
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