['3] httpszlllearn.snhuedu/d2l/ie/content/680421jviewContent/l 2678374/View P {3 Scenario You and your friend from college have just graduated. You majored in business. and your friend majored in a creative eld. Your friend is highly inventive and has come up with an excellent idea for a new product. You both believe in this idea so much that you have agreed to become business partners. However. before you embark on your entrepreneurial adventure. you will have to explain some key microeconomics concepts to your partner that are important to make sound business decisions. Your business partner is less than enthusiastic about this prospect'and has never had an interest in what is often described as the dry and boring eld of economics. Every time you have tried to engage your partner in practical discussions. they brush you off and decide to go play video games instead. Aha! This gives you an idea: What if you could codvince your friend to learn about economics through games? You have found several simulation games that demonstrate in real and interesting ways the economic principles that you know your partner needs. Once you have played the games. you will create a memorandum report summarizing for your friend the educational value of your experiment. in your memorandum. you will restate the key principles and takeaways of each simulation, as wall as illustrate how these ideas are relevant to your future entrepreneurial success. Directions First, assemble the materials that you will need to complete this assignment: 1. You will need several simulation report images for your memorandum. All the necessary data visualizations will be generated after you have completed each simulation game. You will be required to save image les of your simulation reports for your simulation discussions. These should also be used to create your memorandum report for the course project. If you have any questions or concerns about the simulation data that should be used for your project. you should promptly reach out to your instructor. 2. Review and use the Project Template located in the What to Submit section. You are expected to reference any source material used in your memorandum report with appropriate citations. To support you. a References page has been added to the project template with a citation for this course's reading already provided. Any other references you add should be cited according to APA format