1.-What is the economy? 2. -Mention two examples that demonstrate the application of macroeconomics. 3.- What is...
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Question:
1.-What is the economy?
2. -Mention two examples that demonstrate the application of macroeconomics.
3.- What is the marginal product?
4.-Describe the law of supply and demand.
Case N 1:
David and Goliath are video game lovers, but have very little knowledge about economics. They want to start a business associated with the field. However, they have decided to study the market behavior of that industry in a free market economy, obtaining the following:
- The market has a demand for
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