Question
select 2 goods or services YOU ACTUALLY produce. (IT MUST PERTAIN TO PRODUCTION, Not Consumption ) Money is not an issue not par of the
select 2 goods or servicesYOU ACTUALLYproduce. (IT MUST PERTAIN TO PRODUCTION, Not Consumption ) Money is not an issue not par of the paper. Assume youhave theresourcesfor a short period of time.Explain how scarcity forces you to make choices. What is the opportunity cost or relative price ( you solve this using the worksheet) of producing each good. Keep in mind the economic definition of opportunity cost and answer in that context.These need to be expressed in relative prices. Also this section needs to include the resources you utilize in the production of each good,service or resource chosen and to categorize them as well.
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