note this example response is not part of the assignment. It is an example of what your instructor will be looking for in your answer you cannot repeat their responses from the example in your submission.?Watch the marginal analysis video read the pitfalls of economics analysis

To prepare for this assignment, you should: Watch the Marginal Analysis video in the Week 2 content. Read the Pitfalls of Economic Analysis topic in the Week 2 content. Read Chapter 1 in the textbook. Instructions for Completing this Assignment 1. Consider a business that is currently operating (e.g., your current employer, a local business, a large national business, etc.). 2. In a separate document, respond to the questions below with respect to the business you choose. a. Refer to the example response on the next page for guidance. b. Please be sure to label your answers Question A, Question B, and Question C. Questions A. Identify the business you chose and list at least one example of an economic resource used by this company (or that it most likely uses) for each of the four calegories listed in the textbook (labor, capital, natural resources, and entrepreneurial ability). Remember to consider economic resources (e.g., labor, capital. entrepreneurial talent, etc.), and not payment for these resources (e.g., wages, etc.). B. Why is each of the resources you identified scarce? For example, who else could use them or what other use might they have? C. How can the study of economies help this company decide how to beller use these resources? Think specifically about marginal analysis. For example, how could marginal analysis be used when analyzing how to best use limited resources? ECN 101 - Scarcity and Choice Assignment Instructions EXAMPLE RESPONSE Note This example response is not part of the assignment it is an example of what your instructor will be looking for in your answer You cannot repeat the responses from the example in your submission. Business Ambulatory Surgical Center Question A Economic Resources Land land for facility and parking Labor employees, including nurses and technicians Capital buildings for offices, equipment. servers to host websites Entrepreneurial skills for identifying new products and services to offer entfiration al new market