Expain these 21 basic concepts with example.

1.Rational Behavior

2.Basic Economic Decision

3.Marginal Analysis

4.Logical Fallacies

5.Resource Distribution Rationing Mechanism

6.Positive Vs. Normative Economics

7.Ceteris Paribus

8.Productive Resources

9.Scarcity

10.Choice

11.Opportunity costs

12.Expansion of PPC/PPF

13.Ten Principles of Economics

14.Market

15.Law of Demand,

16.Law of Supply

17.Market Equilibrium

18.Surplus and Shortage

19.Determinants of Supply and Demand (Movement along vs. Shift in Curves)

20.Individual vs. Market Demand or Supply

21.Price controls (price ceilings, price floors)