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Essay

Economic Way of thinking

Essay specific features

 

Issue:

Business

 

Written by:

Ana S

 

Date added:

October 20, 2015

 

Level:

 

Grade:

A

 

No of pages / words:

4 / 993

 

Was viewed:

3582 times

 

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Essay content:

Micro-economic: Study of one single factor of economy. (Mobile co.) 2. Macro Economic: Study of the entire economy. Economic Decisions: (2 major economic makers) 1. Consumers (buy goods and services). 2. Producers (provide goods and services). - The network of these decisions is the basis of all the economic theory...
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Producers (provide goods and services). - The network of these decisions is the basis of all the economic theory. Economic classify: 1. Goods (needs necessary for survival) 2. Wants (needs beyond what is necessary for survival). Products: - Goods (something physical). - Services (activities). Economic resources: A resource: Anything that people use to obtain What they need or want...
displayed 300 characters

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