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Fundamentals of Economics: Book ProjectFollowing Instruction belowResources Needed: Colored Pencils, 3 sheet of paperPage 1: Fundamentals of EconomicsTitle: Fundamentals of EconomicsImage that summarizes fundamentals of economicsPage 2: ScarcityTitle: ScarcityWrite a summary on the significance of scarcityDraw an image that summarizes the significance of scarcityPage 3: Opportunity CostTitle: Opportunity CostWrite a summary on the significance of opportunity costDraw an image that summarizes the importance of opportunity costPage 4: Four Factors of ProductionTitle: Factors of ProductionWrite a summary on the significance of the 4 factors of productionDraw an image that summarizes the significance of the 4 factors of productionPage 5: Marginal AnalysisTitle: Marginal AnalysisWrite a summary on the importance of marginal analysisDraw an image that summarizes the importance of the marginal analysis (MB < MC)Page 6: Constant Opportunity CostTitle: Constant Opportunity CostWrite a summary on the significance of the opportunity costDraw an image that summarizes the significance of the constant opportunity costPage 7: Law of Increasing Opportunity CostTitle: Law of Increasing Opportunity CostWrite a summary on the significance of the law of increasing opportunity costDraw an image that summarizes the importance of the law of increasing opportunity costPage 8: Productive Efficiency vs Allocative EfficiencyTitle: Productive Efficiency vs Allocative EfficiencyWrite a summary on the significance of productive and allocative efficiencyDraw an image that summarizes the importance of productive and allocative efficiencyPage 9: Absolute Advantage vs Comparative AdvantageTitle: Absolute Advantage vs Comparative AdvantageWrite a summary on the significance of absolute advantage and comparative advantageDraw an image that summarizes the importance of absolute advantage and comparative advantagePage 10: Circular Flow of Goods/Services and LaborTitle: Circular Flow of Goods/Services and LaborWrite a summary on the significance of circular flow of goods/services and laborDraw an image that summarizes the significance of circular flow of goods/services and laborPage 11: Circular Flow of Expenditures and IncomeTitle: Circular Flow of Expenditures and IncomeWrite a summary on significance of the circular flow of expenditures and incomeDraw an image that summarizes the significance of the circular flow of expenditures and income ................
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