Jovimaevillamoridn
Answered

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1. How is economics useful in your life as a senior high school student?

2. What is the difference between normative and positive economics?

3. What is the law of supply all about? Cite a real life example.

4. Differentiate microeconomics and macroeconomics.

5. How are the different economic resources used in the production of goods and services on our country?​

Sagot :

Oninbelgaidn

1.enables us to understand past, future and current models, and apply them to societies, governments, businesses and individuals.

2.based on value judgments.

3.The law of supply summarizes the effect price changes have on producer behavior.

4.Microeconomics is the study of individuals and business decisions.

5.land or natural resources, labor or human resources, capital, and entrepreneurship

tama po yan pafallow at brainlest

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