An Economic Way of Thinking
What is the difference between positive and normative economics? Give an example statement of each. Explain the following enigmas. If you can. Bottled water. Prices $.99. Thousand unused operations on a cell phone. Brail on a drive-up ATM. Why is organic food more expensive than regular. Economic Way of Thinking. 1-3. Define: Scarcity. Trade ... ................
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