Need ECONOMICS EXPERT who can answer 4 questions in his own words. NOT COPIED FROM INTERNET OR BOOK OR ANYWHERE!!!
1. What is Economics? How could economic principles be used in a business context?
2. What is Opportunity Cost? Use an example from your own life that explains the term opportunity cost.
3. Give an example from your own knowledge that explains the term sunk costs.
4. Explain why economists distinguish a difference between normative and positive economics?
Hi, have a good knowledge about economics and also can answer your questions very well. Lets just talk over chat about this project if you are interested for the same Thank you