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Please see instructions below. The book is McConnell, Campbell R., Stanley L. Brue, Sean M. Flynn, (21st Ed.), Microeconomics: Principles, Problems and Policies. McGraw-Hill, New York: N.Y., 2018.
This essay should cover the following topics:
(1) Scarce resources (factors of production). Briefly discuss each of them. Pay special attention to capital.
(2) The impact of resources on the (whole) economy.
(3) Examine the consequences of scarce resources on economic growth.
Instructions:
– The body of your essay should be between one and two whole pages long.
– Use Times New Roman 11 point font for your essay.
– Submit a Word document (not PDF)
– Provide Cited Work at the end of your essay using APA format. For your textbook, indicate chapters and page numbers.
– Remember to use in-text citation.
– Your essay must have an informative, original title.
– You have to use paragraphs (which have topic sentences). I suggest that you write paragraphs that are no longer than 10 lines.
– You should familiarize yourself with the issue(s) involved.
– You should report the facts and draw conclusions.
– Answer all the questions in an organized, clear way (1, 2, 3, a, b, c, etc.)
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