Sky High the Story of Aviation
Unit 1: Basic Economic Concepts 1. REVIEW 1.Explain relationship between scarcity and choices 2.Differentiate between positive & normative 3.Differentiate.
BEC REVIEW 1.Explain relationship between scarcity and choices 2.Differentiate between positive & normative 3.Differentiate between price and cost 4.Explain.
Unit 1-3: Basic Economic Concepts 1. Society has unlimited wants but limited resources The Economizing Problem… Scarcity WE HAVE A PROBLEM!! 2.