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QUESTION
Describe an issue of Microeconomic concern, or an issue that has relevance to our study of Microeconomic principles How does it relate to our study...
- How does it relate to our study of Microeconomics. Describe what economic principles are involved with the issue that you have chosen, and how they are important in the analysis of that issue.
- Based on your economic analysis, give an assessment of the issue. Does the economic theory match what is occurring in real life? What potential outcomes, alternatives, opportunity costs, or tradeoffs may be involved?
