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Economics - Economics, Coursework

1 Explain, in your own words, opportunity cost. Then, explain two examples from your own personal or professional life where you have dealt with opportunity cost. 2 Explain the difference between positive and normative economics. Then, go two separate links listed on Blackboard, and find two facts. State the facts positively and then state each one of them normatively. 3 What is economic/scientific methodology? Why is it important? Explain how we would follow this methodology for the study of unemployment in the USA? (What steps would we go through, what would we look for and why? Be specific). 4. Explain the difference between the fallacy of composition and the post hoc fallacy. Then, provide a real world example of each fallacy from your own personal or professional experience. The assignment should be a couple paragraphs for every answer. The assignment needs to follow APA format.
1 Explain, in your own words, opportunity cost. Then, explain two examples from your own personal or professional life where you have dealt with opportunity cost. 2 Explain the difference between positive and normative economics. Then, go two separate links listed on Blackboard, and find two facts. State the facts positively and then state each one of them normatively.
Assignment ID
241705
Discipline
CREATED ON
1 September 2017
COMPLETED ON
3 September 2017
Price
$40
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1 September 2017
User posted an order for Economics
1 September 2017
15 writers responded and offered to do the job for a price between $45 and $60
1 September 2017
User contacted writer DrJosh
1 September 2017
User hired writer DrJosh
3 September 2017
Writer completed order Economics - Economics, Coursework for 2 days, meeting the deadline
3 September 2017
User accepted the job right away and completed the payment
3 September 2017
User left a positive review
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