(Answered) Assignment 1 determinants of supply and demanddescribe and

Economics

Assignment 1: Determinants of Supply and Demand

Describe and analyze the principles of economics that apply to the functions of individual decision makers, both consumers and producers within the larger economic system

Identify the nature and functions of product markets

Describe the role of government in promoting greater efficiency and equity in the economy

Describe the importance of economic analysis in real world situations.

Assignment 2: Costs and Revenues Structures

Describe and analyze the principles of economics that apply to the functions of individual decision makers, both consumers and producers within the larger economic system

Identify the nature and functions of product markets

Describe the nature and functions of factor markets

Apply graphs and tables to illustrate cost and revenue of firms in different market structures

Describe the importance of economic analysis in real world situations.

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