MicroEconomics Assignment

There are FOUR(4) pages of economics homework. You need a strong previous knowledge of Microeconomics to do this assignment. Some questions require you to answer and/or graph. There are writings and graphs already on the assignment, ignore those(they’re most likely wrong) and answer each question. 

 

This material should be basic introductory microeconomics. Covers PPC, Marginal opportunity costs, allocative efficiency, technical efficiency, constant opportunity costs, absolute & comparative advantage, Ricardo’s Principle, and Smith’s Theory of absolute advantage, and more. 

 

For the question answers, type them into a word document, for the graphs draw them out(properly label them) and take a picture and include them with the word doc.

 

Do not message me without looking at the assignment first. 

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