Question 1

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter7: Demand And Supply
Section7.3: The Law Of Supply And The Supply Curve
Problem 4R
Question

* Oceano is a country where recourses are unlimited. Do you agree with the
statement that “The study of economics is not necessary”? Explain. 

*What is the importance of the circular-flow diagrams

Please include references. 

Question 1
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