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This assignment relates to the following Course Learning Requirements: CLR1: Define economics and explain the basic principles of economics Objective of Assignment: The objective of

This assignment relates to the following Course Learning Requirements: CLR1: Define economics and explain the basic principles of economics Objective of Assignment: The objective of this assignment is to measure your understanding of the role of scarce resources and unlimited wants in economics, your ability to apply the concept of opportunity cost to real world situations, and your ability to construct and use the Production Possibilities Curve model to illustrate economic choice

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