Question: 1. What is the difference between micro and macro economics? Give an example of a microeconomic phenomenon and an example of a macroeconomic one. 2.

1.What is the difference between micro and macro economics? Give an example of a microeconomic phenomenon and an example of a macroeconomic one.

2.Go to the internet and find a recent article that you find that is relevant for this section. Provide the link, and a summary of the article and discuss, in a few words, why you found the article interesting

3.Provide an example of a sunk cost. How does this differ from a marginal cost? Explain a time you did (or should have) used marginal analysis to solve a problem.

Ensure you have presented your assignment in a logical format. Also, ensure that you have the appropriate formatting to avoid plagiarism and appropriate grammar (this may be achieved by using free tools available on the Internet)

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