TAKE A NEWSARTICLE FROM 2019 ...which illustrates one of the 10 Principles of Microeconomics in action:1. The 3 Fundamental Economic Questions

2. The Principle of Rational Economic Decision Making

3. The Principle of Rising Marginal Opportunity Cost

4. The Principle of Comparative Advantage

5. The Law of Diminishing Returns

6. The Law of Demand

7. The Law of Supply

8. The Principle of Market Equilibrium

9. The Principle of the Invisible Hand

10. The Principle of Market Failure